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TR Capital bets $1 billion on India, names Umang Agarwal MD

TR Capital plans to invest one billion dollars in India over the next five years. The firm has appointed Umang Agarwal as managing director to oversee its India strategy. Investments will focus on consumer, financial services, and healthcare sectors. Opportunities at the intersection of software and artificial intelligence will also be evaluated.

9 Apr 2026 1:17 am