Private 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.
The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.
Get a chance to meet the Who's who of the BFSI industry. Join Us for 4th BFSI CTO Summit, Mumbai and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.