Kotak PE starts exiting Natco Pharma with 2x gains

Kotak Private Equity Group, the private equity arm of private sector lender Kotak Mahindra Bank, has started exiting Hyderabad-based Natco Pharma with 2x gains. Kotak India Venture Fund-I, a life sciences-focussed venture fund, sold 1.18 per cent stake for Rs 16.5 crore on the exchanges on Monday.The scrip of Natco ......