Former CVCI MD Srinivasan seeks $400 million for India fund
Former MD of Citigroup Venture Capital International’s (CVCI) India operations, PR Srinivasan – who departed the company earlier this year - is set to raise between $350 million and $400 million for a domestic market-focused fund.
The fund will reportedly be sector-agnostic, with deal tickets of $30-35 million. It is slated to launch at the end of the year with its first close of $150-200 million to come by the middle of 2011....
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