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TL;DR:
- Holani Consultants Private Limited has launched a SEBI-registered INR 400 crore SME-focused venture capital fund.
- The fund targets a diverse range of industries and will implement a sector-agnostic investment strategy.
The Holani group through its merchant banking and stockbroking arm, Holani Consultants Private Limited, headed by the Director Ashok Holani, has introduced a substantial fund aimed at Small and Medium-sized Enterprises (SMEs). With the launch of the Holani Venture Capital Fund, the group has marked a significant milestone in supporting and fostering the growth of SMEs. The fund is registered under the Securities and Exchange Board of India (SEBI) as a Category I Alternate Investment Fund (AIF) and is positioned to finance promising sectors with a focus on long-term value creation.
The initial corpus of the fund is poised at INR 400 crores, accompanied by an additional option to extend it by INR 100 crores. Ashok Holani has expressed enthusiasm about the new venture, highlighting the dedication to empower SMEs and the expansion of investment opportunities for clients and partners. The fund’s approach in making investment decisions will prioritize careful study and responsible risk management, ensuring maximal returns with minimal downside risk.
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