Energy Venture Scanner Insights venture debt funds in india
investors network south africaAbout: Munich-primarily based Siemens Venture Capital (SVC), the central venture capital organization inside Siemens, invests in early-stage technology firms and established development firms, focusing on the energy, business and healthcare sectors. Avesthagen had recently raised $32 mn from Fidelity Investments and France-based biotech majors BioMerieux and Limagrain and the meals giant Danone. The organization has also raised $five-7 mn from Indian corporates such as the Godrej, Cipla, the Tata Group, and ICICI Ventures. ICICI Ventures and Fidelity hold 19% and ten% stake, respectively, in the firm although other strategic investors hold 4-6% stake.
Dubai-primarily based fund-of-funds Evolvence Capital is launching an AIM-listed closed-ended FOF in January which will invest in Indian PE funds. The fund intends to raise $105 mn for the Evolvence India Fund. The FOF will invest in a number of closed-ended PE funds focused on the Indian infrastructure, pharmaceutical and retail sectors. UTI Ventures’ Ascent India Fund, Barings India Private Equity Fund II, IDFC Private Equity Fund II, India Value Fund II, IL&FS’ Leveraged India Fund and New York Life Investment Management India Fund II will be the initial beneficiaries of the fund.
About: 3i Group plc is a London-primarily based mid-industry private equity company. The Company focuses on buyouts, growth capital and infrastructure. It invests across Europe, Asia and North America. The Firm, together with its subsidiaries, manages a quantity of funds established with institutions and other investors to make equity and equity-associated investments predominantly in un-quoted businesses in Europe and Asia. It … READ MORE ...