IIFL hits first close for maiden VC fund of funds

By Shruti Ambavat

  • 20 Nov 2015
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IIFL Holdings Ltd’s (formerly India Infoline) wealth management unit, IIFL Wealth Management Ltd, has achieved its first close for its IIFL Seed Ventures Fund I that will invest across startups and venture capital funds, a top executive told VCCircle.The fund has raised Rs 340 crore ($51.4 million) for its first ......

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