Chiratae reaches $93m first close on debut India growth fund
India-based venture capital firm Chiratae Ventures has achieved a first close of INR 7.59bn (USD 93m) on its debut growth fund, announcing that it was substantially oversubscribed.
In February, Sudhir Sethi (pictured), the firm’s founder and chairman told Mergermarket, AVCJ’s sister title, that a target of USD 200m had been set for the growth fund. Chiratae would follow up by...
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