
Aditya Birla nears second fund close
The PE division of Indian financial services group Aditya Birla Group, Aditya Birla Capital Advisors, has reached a first close on its second private equity vehicle, Sunrise Fund, at INR2.2 billion ($48 million).
According to Reuters, Aditya Birla Capital Advisors will continue collecting investments before its final close, which is expected in the near future. The new fund will focus on early-stage and growth...
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