| Log in
Other

India Ventures Group to launch $1B debt fund for infra projects

13 January, 2016

New York-based investment bank-cum-angel investor India Ventures Group (IVG) is set to launch a $1-billion debt fund to invest in core infrastructure projects in India, The Economic Times , citing IVG’s managing director Sahil Channana.

The firm, which has presence in Delhi, is also looking to scout a private infrastructure company in the run-up for partnership to raise the fund.

The investment firm will initially make investment from the proposed fund in core-sector ventures across segments—including ports, roads, bridges and tunnels—that are being developed through the public-private partnership mode, according to Channana.

Besides, it plans to make three angel investments in tech startups, involved in health, education and parenting advisory services, over a couple of months.

“We expect to close angel funding in a startup involved in parenting advisory services next month, and follow that up with separate angel funding in two startups; the first is involved in an e-learning venture and the other in delivery of integrated healthcare services online,” Channana said.

“IVG recently made three angel investments in Indian startups involved in soft skills development, audio books and social networking solutions like dating apps,” he said.

It, however, is not looking to invest in startups operating in the fledgling 4G content development space.


Leave Your Comment
VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

TEAM VCC 6 months ago
Cab aggregator Ola was the newsmaker of the week as it opened up a new battle...
IndiaCo Launches Early Stage VC Firm IncuCapital

IndiaCo Launches Early Stage VC Firm IncuCapital

Shrija Agrawal 7 years ago
The high-risk, early-stage funding space continues to see a lot of action....
Exclusive: Former chiefs of IL&FS' PE arm, ISG India launch tech-focussed VC fund

Exclusive: Former chiefs of IL&FS’ PE arm, ISG India launch tech-focussed VC fund

Debjyoti Roy 5 months ago
Archana Hingorani and Sid Pai, former heads of private equity firm IL&FS...
No Comments

India Ventures Group to launch $1B debt fund for infra projects

Powered by WordPress.com VIP