Grapevine: Carnelian raising $600 mn PIPE fund; Mars Growth may buy into Meesho
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Grapevine: Carnelian raising $600 mn PIPE fund; Mars Growth may buy into Meesho

By Sreeja Biswas

  • 21 Mar 2024
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Grapevine: Carnelian raising $600 mn PIPE fund; Mars Growth may buy into Meesho

Carnelian Asset Management & Advisors, led by Vikas Khemani, is gearing up to raise Rs 5,000 crore ($600 million) for its latest public market fund, attracting support from high-net-worth individuals, ultra-high-net-worth individuals, and family offices of industrialists, a media report said.     Notably, existing investors, including the family offices of promoters ......

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