Piyush Gupta, former managing director of Peak XV Partners, has launched Kenro Capital, focusing on secondary transactions in growth companies in India and Southeast Asia. Co-founded with Norbert Fernandes, the firm targets minority stakes in profitable companies with potential for public listing, deploying US$20-30 million per investment. Leveraging industry expertise and relationships, Kenro Capital aims to address a growing secondary market opportunity in venture-backed companies, providing liquidity solutions to stakeholders.
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