Fund News
Singularity AMC’s second fund SGOF II oversubscribed at Rs.1,800-Cr
Growth equity platform Singularity AMC’ s second PE fund, Singularity Growth Opportunities Fund II (SGOF II), has been oversubscribed at INR 1,800 crore.The fund was launched in August 2023 with a target corpus of INR 1,500 crore and an INR 500 crore green shoe option. The fund focuses on energy transition, next-generation industrials, consumer, healthcare, and financial services. It has already backed eight companies, including Lohum, HEG, Sterling & Wilson Data Centre, Sabine, Classic Legends, Qucev and Deal 7.Over the next two years, the fund aims to invest INR 75-175 crore in 12-15 companies.
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