India has fewer high-quality deals relative to supply of capital: Zephyr’s Mukul Gulati

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Zephyr Peacock India, a growth capital investment firm that has backed companies like MPower Financing, 20Cube Logistics and Ripplr, is looking to float its fourth India-focussed fund by the end of 2023.   The local arm of New York-based Zephyr Management had struck seven deals from its third India-focused fund worth $100 million. It has also made eight exits in India so far, ......