Saturday, April 13, 2024
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The potential corpus could reach Rs 2,000 crore upon completion of the green shoe option

The fund will invest in profitable SME (small and medium enterprises) with high-potential opportunities in unorganised sectors

The fresh capital infusion aims to set the company on a new trajectory to further expand operations in the three current verticals and continue to provide manufacturing solutions to global customers

The investment was made through L'Oreal's corporate venture capital fund BOLD (Business Opportunities for L'Oreal Development)

The programme aims to help build an empowered, engaged and experienced generation of private equity and venture capitals fund managers in India

The investment comes soon after pi Ventures announced an investment of Rs 22 crores from Belgium’s Colruyt Group in its second fund

Oneistox offers a range of courses and upskilling programs tailor-made for architecture, engineering and construction (AEC) professionals to help them build industry-relevant new-age skills

The collaboration aims to create a pool of investors that will nurture early-stage start-ups and help them navigate through their entrepreneurial journey

The Speciale Invest Growth Fund I has received approval from the Securities and Exchange Board of India and expects to close the corpus at Rs 200 crore within four months

The company plans to deploy the freshly raised capital in fleet and geographical expansion besides investing a part of the funds in technology-build as it focuses on “sustainable and profitable growth