Aditya Birla Private Equity has raised $120 million through its maiden fund to invest in companies engaged into infrastructure, logistics, education, healthcare and consumer business. The collected fund is more than 20% then the target as Banks, insurance companies and high networth individual showed confidence.
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Aditya Birla Private Equity which recently acquired minority stake in the Bombay Stock Exchange announced that it would follow a hands on approach in managing its investment rather than being a passive investor in the companies. The fund fixed a ticket size of Rs.50 lakh
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