MUMBAI, Feb. 10 -- Samara Capital has wrapped up its second fund with the sale of portfolio company SMS Integrated Facility Services to larger peer SILA Solutions Pvt Ltd, backed by Norwest Venture Partners, a top executive at the private equity firm said. The deal values SMS at an enterprise value of close to Rs.275 crore.

The exit caps a 2014-vintage fund that delivered a gross internal rate of return of about 25% and returned more than Rs.7,500 crore to investors, underscoring Samara's track record as it seeks to close its third fund in the coming months and taps domestic capital for the first time.

The second fund, raised in 2014 with a corpus of Rs.3,000 crore including co-investments from limited partners, made ten investments, al...