Kotak arm raises Rs 3,900 cr private credit fund from domestic investors

Kotak Alternate has successfully secured Rs 3,900 crore in its inaugural fundraising round, making it a significant milestone as the largest first-time fundraising by an Indian platform from local investors. This venture will target promising stable income avenues and growth chances, directing funds towards cash-flow-positive assets and mid to large-scale enterprises, with an emphasis on safeguarding capital.