Former banker Dhruv Jhunjhunwala’s Novastar Partners targets Rs 350 Cr fund

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Former investment banker Dhruv Jhunjhunwala has launched Novastar Partners, an investment firm focused on India’s private markets.

While the firm has not disclosed details about its maiden fund, a person familiar with the matter told Entrackr that Novastar is targeting a corpus of Rs 350 crore with a green shoe option of Rs 150 crore.

Jhunjhunwala, who previously worked with RBC Capital Markets in New York, is an alumnus of New York University’s Stern School of Business. He has evaluated more than 100 private equity and technology-driven…



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Former banker Dhruv Jhunjhunwala’s Novastar Partners targets Rs 350 Cr fund


Former investment banker Dhruv Jhunjhunwala has launched Novastar Partners, an investment firm focused on India’s private markets.

While the firm has not disclosed details about its maiden fund, a person familiar with the matter told Entrackr that Novastar is targeting a corpus of Rs 350 crore with a green shoe option of Rs 150 crore.

Jhunjhunwala, who previously worked with RBC Capital Markets in New York, is an alumnus of New York University’s Stern School of Business. He has evaluated more than 100 private equity and technology-driven…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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