Ex-Reckitt Benckiser CEO Rakesh Kapoor forms Rs 830-cr fund
12 Flags India Consumer Fund will work with consumer-focused businesses to ensure early growth
by
Published: Aug 18, 2023 9:11 AM | 1 min read
Follow Us
Former Global CEO of Reckitt Benckiser Rakesh Kapoor has founded an Rs 830-crore fund that will invest in consumer-focused businesses over the next three years, media networks have reported.
As per Kapoor, 12 Flags India Consumer Fund will work with businesses to ensure early growth.
The fund will focus on sectors like consumer health, wellness, pet and companion animal, nutrition and restaurants.
Kapoor plans to first invest in 10-15 businesses, providing long-duration capital, media reports said.
Read more news about Digital Media, Television Media, Out of Home Advertising, Print Media, Latest Advertising India
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, Youtube & Google News
