While Sistema Asia Fund is looking to increase its corpus from $50 million to $120 million, Avendus Capital is in the process of raising $55 million funding.
Sistema Asia Fund looks to increase corpus to $120m
Sistema Asia Fund, capital fund of Russian conglomerate Sistema JSFC, is looking to bring in other investors as it plans to raise the corpus of its fund from $50 million to $120 million, said a Business Standard report.
