HDFC AMC raises $106m from cornerstones including Temasek, Goldman, ADIA

HDFC AMC raises $106m from cornerstones including Temasek, Goldman, ADIA

Photo: Pramugdha Mamgain/DealStreetAsia

HDFC Asset Management Co. Ltd, the second largest mutual fund company in India, on Tuesday raised nearly Rs 732 crore ($106 million) from a clutch of anchor investors ahead of its initial public offering (IPO).

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