The Rise Fund to invest $ 50m in Dodla Dairy

Hyderabad
4 May 2017

The Rise Fund, a global fund, Thursday announced that it has agreed to invest USD 50 million in city-based Dodla Dairy Ltd (Dodla).
The investment in Dodla, which is subject to regulatory approval, will be The Rise Fund's first in the food and agriculture sector, as well as its first in India, a statement issued by TPG Growth that manages The Rise Fund, said.