KKR and Gaja Capital completed the investment in Avendus Capital.

KKR, a private equity firm, and Gaja Capital, a provider of growth capital to entrepreneurs in the education, consumer and financial services sector, completed the investment in Avendus Capital, a provider of financial services in India. Financial terms were not disclosed. The new capital will be used by Avendus to create bespoke and synergistic solutions for entrepreneurs looking to scale up their businesses and catalyse their growth. “The Indian market has a growing appetite for innovative investment solutions. Avendus, with its strong franchise relationships, is well-placed to deliver unique opportunities to clients. KKR’s latest investment in the company underscores our commitment and confidence in Avendus and its leadership team,” Sanjay Nayar, KKR India CEO.