Aureos Capital has started to raise its second fund, which will invest in India and also operate in Sri Lanka and Bangladesh, VC Circle reports. The private equity fund manager’s Aureos India Fund II is targeting $200 million.

The London-based firm’s latest vehicle will be a successor to its $200 million Aureos South Asia Fund. Aureos’ investments include Newgen Knowledge Works, Ordyn Technologies, Auro Mira Energy and Hindustan Vacuum Glass.

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