Manjushree to Manyavar: Kedaara Capital’s bountiful tryst with consumer bets

After raising its maiden fund of USD500 million, Kedaara Capital took nearly six months to strike a deal. In early 2010s, when Manish Kejriwal walked out of his corner office in Temasek India and teamed up with General Atlantic’s Sunish Sharma and Nishant Sharma to launch a desi private-equity fund, the Indian PE-VC space was already crowded. Some 800 funds were scrapping for deals then and the market became bloated and tough, says this ET