Fund News

Aerospace & defence-focused IndusBridge Ventures raises Rs.2,000-Cr

Economic Times  

Aerospace and defence-focused IndusBridge Ventures has raised INR 2,000-Cr for a private equity fund. The fund attracted capital from family offices, high net-worth individuals, banks, and defence companies.Founded by Ravi Kapoor and Rahul Devjani, the firm intends to deploy the capital into companies that serve both domestic and international markets. The investment strategy is designed to support the indigenisation of defence manufacturing and improve the supply chain resilience.

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