India: Kedaara Capital invests $75.6m in Religare Health Insurance

India: Kedaara Capital invests $75.6m in Religare Health Insurance

Homegrown private equity firm, Kedaara Capital Fund II LLP, completed the investment of Rs 567.31 crore, including primary capital infusion and purchase of 6.39% stake, in Religare Health Insurance Co Ltd on 2 June, the insurer’s parent Religare Enterprises Ltd said in a stock exchange filing on Wednesday.