NRI investors sue ICICI Venture for damages
ICICI Venture is being sued by a group of 69 non-resident Indian investors who are seeking $103 million in damages from over alleged losses from a property fund run by the GP.
According to Reuters, the investors claim that their losses were sustained from investments in the Dynamic India Fund III. The group say that, as of March this year, only one of the 13 Indian real estate...
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