Mid-market focused private equity firm Gaja Capital is in talks to invest about $20 million (₹135 crore) in Kangaroo Kids Education Ltd (KKEL), in exchange for a stake. However, the stake to be bought could not be immediately ascertained.
“The companies are in the final legs of closing the deal, and the announcement is expected soon. Gaja Capital would make the investment from its $240-million Gaja Capital III fund,” a source close to the development told BusinessLine.
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Source URL: Corporate Maldives