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Goldman Sachs may invest USD 1 billion in India over next 3-4 years

Goldman Sachs is planning to invest about USD 1 billion in India over the next three to four years through its private equity business, a senior executive was quoted as saying by Mint.

The US-headquartered investment banking firm is primarily looking to invest in small business in a strategy known internally as “platform builds”. This involves setting up a business with assistance from a professional entrepreneurial team or buying majority stake in budding businesses and pooling in a team of professionals to grow the business.

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