Tuesday, December 06, 2022
Outlook India
Outlook Business

Private Equity

India is currently the home of the third largest ecosystem of start-ups after the US and China

Set up in 1988, ICICI Venture has a total private equity assets under management of $1.65 billion across four funds

The regulator has also asked several funds to confirm whether they have spelt out the resolution framework in the private placement memorandum

Systematically strengthening its leadership, in the past year the private equity fund appointed Praveen Sridharan as partner-investments and LN Guru Moorthy as chief financial officer and partner

Kim, who passed the US Bar examination last year to become a lawyer, currently has a net worth of $1.4 billion