DMI Alternatives has announced the closure of a $120 million raise for a corporate private credit fund focused on investing in performing and cash-flowing Indian companies.
The raise underscores the growing demand for flexible credit capital among corporates in the world’s fastest-growing major economy, as businesses seek diversified financing beyond traditional channels. The strategy will be led by Harein Uppal.
With this strategy, DMI Alternatives aims to provide bespoke financing solutions tailored to Indian companies well-positioned for…

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