Thursday, May 02, 2024
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Aif

This collaborative fund, formed through a partnership between Lighthouse Canton and Nueva Capital, operates as a sector-agnostic, primarily early-stage fund

WOLP Fund 2 was launched in March and aims to raise a corpus of Rs 2,000 crore, including a green-shoe option of Rs 1,000 crore

The fund would seek to generate long-term capital appreciation by investing in a diversified portfolio of up to 30 businesses

Unlike VCs and PEs, these permanent capital vehicles offer long-term investment options like pension funds and insurance firms and look for regular income instead of fast returns on the invested capital

The primary aim of this branch is to provide end-to-end support to start-ups at every stage of their journey, says Dinesh Khara, chairman of SBI

Piper Serica Advisors' Category 1 AIF has invested in companies like ALT Mobility, Creditwatch, ZFW Dark Stores, Driffle and Oditly

LC (Lighthouse Canton) Venture Debt fund expects to deploy the capital in the next two years across 35-40 companies, the statement said

Madhya Pradesh Start-up Centre has provided financial assistance of over Rs 20 lakh to 21 regional start-ups. Now the state government plans to invest Rs 10 crore in five Indian AIFs to boost investments in local start-ups

The Fund plans to invest in 15 to 20 start-ups over the next 18 to 24 months focusing on sectors like deep tech, SaaS, climate tech and fintech

The venture debt marketplace has raised $10 million and is on a mission to raise another $90 million within 24  months