TH Capital, one of the largest technology-focused investment banks in China, is looking to set up operations in India, as the merchant bank, which has represented more than 30 unicorns in the Middle Kingdom, sets its sights on Asia’s third-largest economy.
“It’s (India) a new market for us, and we have been here only for the last three quarters or so. There are multiple companies that we are working with in India, helping them get term sheets. We are targeting capital raises of about $50-$100 million at this point,” Wallace Guo, co-founder and managing partner at TH Capital, told Economic Times in an exclusive chat.
Source: Economic Times