India: UAE investors to back Next Orbit Ventures' $750m fund

India: UAE investors to back Next Orbit Ventures' $750m fund

Next Orbit Ventures II has been selected as the “Daughter Fund” under Government of India’s Electronics Development scheme.

Private equity fund Next Orbit Ventures said it has received interest from investors in the United Arab Emirates (UAE) to invest in its $750 million fund focused on the electronic system design and manufacturing (ESDM) sector.

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