India Digest: ADB puts $10m in Tata Capital fund; Indigo Paints raises $47.5m

India Digest: ADB puts $10m in Tata Capital fund; Indigo Paints raises $47.5m

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The Asian Development Bank (ADB) has made a $10 million equity investment in Tata Capital Growth Fund II LP (TCGF II). Separately, Indigo Paints has garnered about Rs 348 crore from 25 anchor investors ahead of its initial public offering (IPO).