Fund News

Planify's SME-focused VentureX Fund raises Rs.100-Cr

Business Line  

Gurugram-based financial institution Planify ’s VentureX Fund, an SME-focused Alternative Investment Fund (AIF), has raised INR 100 crore in commitments.VentureX Fund was launched on January 1, 2025. It has been designed to provide robust returns by investing in high-growth MSME companies. It targets SMEs that are either approaching listing or are already listed on the Nifty SME Emerge or BSE Small Index.

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