By Madhurima Nandy
The new fund will see Amplus stepping away from its two earlier, equity-focused funds.
Incofin has invested through its latest fund, AGRIF, which focuses on agricultural and financial services businesses.
Existing investors Inventus, Accel, Kalaari and IFC along with Nandan Nilekani pumped in more capital
Paytm was recently in talks to buy deal discovery app Little and online deals startup Nearbuy.
Shortlist is a data-driven talent screening product that automates applicant vetting using online assessments.
The total project cost is estimated at $210 million, of which IFC will invest US$50 million in a combination of instruments.
Ford and other global automakers are under pressure as policymakers demand shift to electric vehicles
“Burn is not a metric that anybody worries about any more. And with the fund raise, burn is almost irrelevant.”
Blue Lotus Capital was founded by S. Harikrishnan, former MD at SME-focused private equity fund Avigo Capital.
It has allowed them to raise funds through debt securities and also permitted single-asset REITs to boost the instruments.