PE-VC firms' CFOs form association for Gujarat's GIFT city

The chief financial officers of various private equity and venture capital firms have formed an association called PEVCCFOA to highlight the operational issues faced by funds trying to set up operations in GIFT city, Gujarat. The firms in the association include National Investment and Infrastructure Fund (NIIF), Kotak Investments, Blume Ventures, 3one4 Capital, ICICI Ventures, and HDFC Capital among others.