ChrysCapital Raises $2.2B Fund for Riskier Bets

ChrysCapital, a private equity firm, has raised a huge $2.2 billion fund.

This money will be used to take bigger risks, like helping companies that are struggling.

They want to fix these companies and make them successful.

The firm is also interested in manufacturing and technology-related sectors.

They have already invested in a company called ILJIN Electronics India.

The money for this fund comes mostly from global investors, with some from domestic sources.

This is a big change because in the past, almost all their money came from outside India.

Now, they are ready to take on new challenges and help more companies grow.