Private equity firm Lighthouse Funds has announced the close of its final fundraising for Fund III at $250 million. Out of this, $20 million came from World Bank’s IFC and a family office from the Middle East.
Focused on growth investment in India’s consumer sector, Lighthouse has made four investments including Aqualite Industries, Duroflex, Nykaa, and Tynor Orthotics. The funds had been fully deployed and exceeded their target by $50 million. (Source)
