Inventus Capital closes maiden India-focused fund at $52m: Report

Inventus Capital India has made the final close of its maiden fund at Rs369 crore ($52 million), exceeding an initial target of Rs325 crore ($46 million), according to a Times of India report.

The fund is Inventus Capital Partners‘s third overall and its first India-dedicated fund. It was launched following the split of the India team from the US team in 2017. It will be managed by the India team comprising Parag Dhol, Rutvik Doshi, and Samir Kumar.

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