NEW DELHI — Kedaara Capital, an India-focused non-public fairness firm, has initiated discussions to boost its fourth funding automobile concentrating on a corpus of not less than $1 billion, DealStreetAsia has realized.

“Talks are on [and] the initial preparation is being done as it looks to raise the new fund,” stated a supply with information of the event. “They are already talking to both foreign and domestic [limited partnerships] but the formal process will be started in a couple of months.”