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Salt-to-software conglomerate Tata Group's financial services arm, Tata Capital, plans to launch an Africa-focused private equity fund with an initial capital of about $300 million.
The Tata group firm would also look at utilising Mauritius as a platform for its Africa initiatives, a senior executive said here.
The proposed Africa fund from Tata Capital, which is part of India's biggest business house, would mainly focus on segments such as consumer goods and agriculture and agri-processing.
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