TLDR:
– Holani Group received INR 184 crore for its SME-focused fund
– The fund has a greenshoe option to retain an additional INR 100 crore
Ashok Holani, Director of Holani Consultants Private Limited, announced that the Jaipur-based merchant banker and stockbroker has raised INR 184 crore for its SME-focused INR 400 crore fund launched in April. The fund also has a greenshoe option to retain an additional INR 100 crore. Holani expressed gratitude towards investors and emphasized the commitment to empowering SMEs and fueling their growth through the fund.
The Venture Capital Fund (VCF) managed and sponsored by Holani Capital Advisors LLP, provides opportunities for various types of investors to invest in Indian growth capital private equity. Holani Consultants offers financial market-related services such as stock broking, bank financing, financial management, IPO management, and advisory services.
