Private Equity Fund News
GVFL announces first close of Rs.500-Cr tech-focused fund at Rs.185-Cr
Source INC42 (opens in a new tab)
Gujarat-based venture capital firm Gujarat Venture Finance Ltd (GVFL) has announced the first close at INR 185 crore for its ninth fund, which has a corpus of INR 500 crore.
The Category-II Alternate Investment Fund (AIF) plans to invest the amount in startups in edtech, healthtech, agritech, biotech, and consumer business segments.