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Keventer Agro raises $25mn from Mandala Capital for agro food growth

Our Bureau, Bengaluru

The Rs 800-crore Keventer Agro Ltd (KAL), the flagship enterprise of the Rs 1,800- crore Keventer Group has raised capital worth $25 million (approximately Rs 170 crore) from Mandala Capital, a private equity (PE) firm with primary investment interests in the food and agri-business sectors in India.