Tata fund leverages parent’s brand
The Tata Opportunities Fund (TOF) was launched in 2011 with a mandate to invest into Tata Group companies as well as outside Indian firms. The manager, Tata Capital, announced a final fund close at $600 million last week, making it the largest India-focused fund raised in nearly four years.
LPs include less than 10 global institutional investors from North America, Asia and the Middle East. The Japan Bank of International Cooperation is one of these, while sovereign investors, financial institutions,...
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Singapore fintech start-up LXA gets $10m seed round
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India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.