India Digest: Kinetic Green raises $25m; Somerset Indus hits first close of third PE fund

Electric vehicle maker Kinetic Green has raised $25 million from PE firm Greater Pacific Capital in its Series A round of funding. Separately, healthcare-focused private equity firm Somerset Indus Capital Partners, which is an investor in companies such as Genworks, Apex Hospitals, globela Pharma, and Sterling Hospitals, has secured the first close of its third fund, VCCircle reported.