Tata Capital raised $800 million for its private equity funds by the end of March, Reuters reports. The wholly-owned subsidiary of Tata Group had earlier planned to raise $1 billion by December 2011. Out of the total commitment, $220 million was raised from domestic banks and financial institutions and $580 million was raised from international investors, adds Business Standard. U.S. investors have not yet been approached by the company for the same.
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