Fund News

Singularity AMC's second fund SGOF II closes at Rs.2,000-Cr

Inc42   Singularity AMC  

Growth equity platform Singularity AMC 's second fund, Singularity Growth Opportunities Fund II, has closed at INR 2,000 crore (USD 235 million). The fund aims to back growth-stage and pre-IPO startups.The fund saw participation from institutional investors, including leading domestic development finance institutions (DFIs), public and private banks, insurance partners and endowments, which made up 22% of the fund’s capital.

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