Venture Intelligence (TSJ Media Pvt. Ltd.)
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Himalaya Wealth launches Rs.500-Cr SME fund
Mumbai-based Himalaya Wealth Managers has launched a Category I alternative investment fund (AIF) with a target corpus of Rs.250-Cr and a green shoe option of an additional Rs.250-Cr.The fund targets growth-stage SMEs with annual revenues between Rs.100-Cr and Rs.500-Cr, focusing on sectors including deeptech, aerospace, defence, industrial automation, healthcare, electronics, and renewable energy.It plans to provide expansion capital to profitable enterprises, with an investment range of Rs.25-Cr to Rs.40-Cr per company.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.