TVS Capital hits first close of $114m for third fund

TVS Capital hits first close of $114m for third fund

TVS Capital CMD Gopal Srinivasan. Photo: Mint

Home-grown private equity fund manager TVS Capital Funds Pvt. Ltd on Monday said it has made a first close of ₹832 crore (approx $114 million) for its latest fund TVS Shriram Growth Fund 3. The fund is jointly sponsored by the TVS group and the Shriram group.

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