India: Homegrown PE ICICI Venture hits first close for fourth fund at $190m

India: Homegrown PE ICICI Venture hits first close for fourth fund at $190m

Visual from Mint.

Homegrown private equity fund, ICICI Venture Funds Management Co Ltd, has raised $190 million from investors for its fourth fund, the company said in a release. This marks the “first close” for the fund, the company suggests which means that they will raise more capital for the fund over time.

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