Kotak Invests ~USD130m in India’s TVS Supply Chain Solutions

Source(s): VCCircle

Kotak Special Situations Fund invested INR10b (~USD130m) in India-based logistics firm TVS Supply Chain Solutions. Of the INR10b, INR8b (~USD109m) were invested in the form of non-convertible debentures while the remaining INR2b (~USD27m) were invested in the form of equity. Read more