Sidbi raises $128m for India Opportunity Fund
Sidbi Venture Capital Fund is nearing the close of its India Opportunity Fund, having just received a commitment of INR6.7 billion ($128 million) from financial institutions.
A unit of the government's Small Industries Development Bank of India, Sidbi VC had originally targeted INR10 billion for the vehicle, however it appears to have reined in its expectations. "We had a...
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