India: IIFL Asset Management raises $216m for second pre-IPO fund

India: IIFL Asset Management raises $216m for second pre-IPO fund

Photo: Reuters

IIFL Asset Management Co. Ltd has raised $216 million (Rs 1,400 crore) for its second pre-IPO fund, IIFL Special Opportunities Fund 2, according to a statement.

The new fund comes a couple of months after the company closed its first pre-IPO fund, IIFL Special Opportunities Fund, that raised $250 million.

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