Private Equity Fund News
Japan’s MUFG launches $250-M India-focused VC fund: report
Source Mitsubishi UFJ Financial Group (opens in a new tab)Economic Times (opens in a new tab)
Japan’s Mitsubishi UFJ Financial Group is setting up a USD 250 million India-focused VC fund. The fund, which may be scaled up to USD 400 million, will be led by Mayank Shiromani, deputy chief investment officer at MUFG Innovation Partners.The firm focuses on early-stage fintech firms, building on its previous investment activity through the USD 300 million Ganesha Fund set up in 2022.