Reliance AIF, IndoStar Capital put in $32M in Alliance’s Chennai project

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Bangalore-headquartered real estate player Alliance Infrastructure Projects Pvt Ltd has raised Rs 200 crore ($32 million) from Reliance AIF Asset Management and IndoStar Capital Finance through senior secured non-convertible debentures, two people familiar with the development informed VCCircle.The fund has been raised for an under-construction project of the developer called ......