Global investment firm KKR has invested INR4 billion (approximately US$59 million) in the promoter family of India-based TVS Logistics via a long-term structured credit partnership. The promoters of TVS plan to use the funds to buy the company’s shares from private equity funds. KKR originally invested in TVS Logistics in 2012 and agreed to exit its 21.4 percent equity stake in the company in 2016.