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Announced

Kotak Special Situations Fund to invest $136m in TVS Supply Chain Solutions.

Synopsis

Kotak Special Situations Fund, which makes strategic investments in companies with a sector agnostic approach, agreed to invest $136m in TVS Supply Chain Solutions, a third-party logistics services provider with global operations. "We are delighted to support the TVS group and R Dinesh in consolidating their ownership in a valuable and high growth technology-led business. This financing support demonstrates Kotak’s ability to work closely with entrepreneurs and business owners as a confidante and preferred partner to find solutions to complex issues," Srini Sriniwasan, Kotak Special Situations Fund Managing Director.

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