Dharana Capital raises $250 million for India-focussed fund

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Synopsis

With the new fund, its total assets under management are at $450 million. It said that its limited partner (LP) base includes US university endowments, healthcare companies and other non-profit organisations.

Image for Dharana Capital raises $250 million for India-focussed fundETtech
Vamsi Duvvuri, founder and managing partner, Dharana Capital
Dharana Capital, an offshoot of VY Capital, has raised $250 million for its second India-focussed vehicle to back tech and consumer businesses, it said in a statement. The growth-stage investment firm has earlier backed the likes of Zomato, Urban Company, LAT Aerospace and…



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Dharana Capital raises $250 million for India-focussed fund


Synopsis

With the new fund, its total assets under management are at $450 million. It said that its limited partner (LP) base includes US university endowments, healthcare companies and other non-profit organisations.

Image for Dharana Capital raises $250 million for India-focussed fundETtech
Vamsi Duvvuri, founder and managing partner, Dharana Capital
Dharana Capital, an offshoot of VY Capital, has raised $250 million for its second India-focussed vehicle to back tech and consumer businesses, it said in a statement. The growth-stage investment firm has earlier backed the likes of Zomato, Urban Company, LAT Aerospace and…



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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