Dani-sponsored Asiana fund pegs $200 mn valuation on IPO-bound company

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Asiana Alternative Investment Fund, which is sponsored by Jalaj Dani, one of the promoters of Asian Paints Ltd, and managed by Ambit Wealth Management, is expecting to see an immediate upside to its bet on a portfolio company it backed recently pegging on a nearly $200 million valuation. The alternative investment ......