India: InnoVen Capital hits first close of new debt fund at $100m

India: InnoVen Capital hits first close of new debt fund at $100m

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InnoVen Capital India Fund, a category II alternative investment fund sponsored by venture debt provider InnoVen Capital, has hit the first close of ₹740 crore. The fund has a target corpus of ₹1,000 crore with a greenshoe option to raise an additional ₹1,000 crore.

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