Chinese conglomerate Fosun is set to make a splash in India through an investment partnership with local venture capital fund Iron Pillar.
China-based conglomerate Fosun International has formed a strategic investment partnership with India-based venture capital fund Iron Pillar Capital Management, Livemint has reported.
The partnership will target opportunities in India, opening up Fosun’s global networks and knowledge base to Iron Pillar. Fosun will meanwhile benefit from Iron Pillar’s sourcing capability and local knowledge to strengthen its Indian footprint.
Fosun operates across multiple sectors, including wealth management, pharmaceuticals, mining, steel and real estate, while its investment arm owns businesses operating in insurance,…
