Fund

The Department of Social Justice, the nodal authority, has floated a draft cabinet note for inter-ministerial consultation

The SaaS-enabled talent marketplace will use the Series B round fund to strengthen its team, increase its sales experts base and expand into new verticals

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

The two funds together have invested over $11-12 billion in the country. Together with Softbank's direct investment, this goes up to $14 billion

Sources say it is also possible that Son may invest some money in the fund through Softbank or other vehicles, although this could not be confirmed

The fund house has suspended lump-sum subscription, switch-ins, and fresh registration of systematic investment plan/systematic transfer plan under five schemes that invest in international stocks

The fund has garnered 25% of target corpus. Simultaneous to the first closing, the fund has confirmed to have made its first investment as well

It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others

It will invest in disruptive technology companies across fintech, edtech, healthtech, consumer internet and Global SaaS.

With this, Prime VP has delivered a healthy, top-decile return to its Limited Partners in 9th year of operation and has further extended the fund by four years

Make sure fund does not take too much mid- and small-cap exposure, or has poor quality debt papers

Flows into India totalled $983 million during the month, the EPFR data compiled by Kotak Institutional Equities shows

The fund is also planning to raise an additional Rs 1,500 crore via a green shoe option

International Finance Corporation (IFC) plans to invest up to $15 million in South Asia Growth Fund II, L.P (SAGF II) focussed on investing in companies focussed on clean energy.

If all the buying and selling does not result in higher returns, then it can push the returns even lower

In the previous fiscal (2015-16), the capital raked in through the route stood at Rs 4.58 lakh crore

Reliance Power was also excluded