India: Blue Ashva Capital raises $60m for SME-focused fund

India: Blue Ashva Capital raises $60m for SME-focused fund

Photo by Micheile Henderson on Unsplash

Blue Ashva Capital marked the first close of its maiden SME and startup focused fund in India with commitments of Rs 454 crore ($60 million), per an announcement.

It has roped in investors such as family offices and high net worth individuals to tap sectors including financial services, technology, healthcare, consumer, and manufacturing, among others.

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