Piramal-Bain's India Resurgence Fund in talks for stake in pharma player

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Shantanu Nalavadi, managing director, India Resurgence Fund

India Resurgence Fund (IndiaRF), a stressed assets investment platform co-floated by Piramal Group and Bain Capital, is negotiating to pick up a stake in an Indian active pharmaceutical ingredient (API) company, two people aware of the matter told VCCircle.  The fund, which recently clocked a full exit from its maiden bet ......

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