Venture Intelligence (TSJ Media Pvt. Ltd.)
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Poonawalla readies Rs.1,000-Cr fund for growth-stage firms
Adar Poonawalla, chief executive of Serum Institute of India, has sought regulatory approval to establish the Poonawalla Vision Fund to invest in growth-stage companies from its corpus of INR 1,000 crore contributed by his family. An application to the Securities and Exchange Board of India (Sebi) was made for registration as a category-II alternative investment fund (AIF).
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.