India Value To complete $700 million funding


India valuePrivate equity fund India Value Fund Advisors (IVFA) has announced that they would conclude their fundraising in the next 90 days.  The fund rising would be valued at up $700 million.

According to reports, the fund would be used for midsized companies. We had already raised $500 million, and we expect to raise the remaining $200 million from over 25 global investors.

The fundraising comes even as a number of other private equity investors are giving India a wide berth, put off by soaring valuations.

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