Piramal-Bain distressed assets fund set to raise $750 mn

India Resurgence Fund will raise a corpus of $750 million (around Rs 5,250 crore) over the next few months to increase its investments in the distressed assets segment, two people aware of the development told VCCircle. The fund, a joint venture that was formed three years ago between diversified conglomerate Piramal Enterprises and ......