India Digest: Oaktree backs residential project; Blume floats Founders Fund

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Oaktree Capital Management has invested about $58 million (Rs 425 crore) in a luxury residential project in central Mumbai. Separately, Blume Ventures has launched Blume Founders Fund to invest in startups outside its main funds.

Oaktree invests in Mumbai project

US-based global alternative investment management firm Oaktree Capital Management has invested about $58 million (Rs 425 crore) in a luxury residential project in central Mumbai, The Economic Times reported.

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