Holani Venture Capital Fund, a Securities and Exchange Board of India (SEBI) Registered Category I Alternative Investment Fund (Alternate Investment Fund) on Monday stated that it launched a Rs 400 crore SME-focused fund with a green shoe option of another Rs 100 crore.
The fund has now been duly registered under the Securities and Exchange Board of India (SEBI) as Category I AIF – Venture Capital Fund (VCF). With SEBI’s green light, the Holani Venture Capital Fund is now empowered to raise and invest 300 crore rupees of investor monies in the dynamic Indian equity markets.
The Alternative Investment Fund (AIF) is a special investment category that, unlike conventional investment instruments, is a privately pooled fund. The target investors of the Fund include institutional investors and high-net-worth individuals who seek higher returns and portfolio diversification. The Holani group provides investment opportunities typically unavailable through conventional avenues.
“I am thrilled to introduce the Holani Ventures Capital Fund, which signifies our commitment to empowering SMEs and fueling their growth. This milestone further enhances our ability to serve our clients and partners by providing them with access to a diverse range of investment opportunities tailored to their specific needs. This achievement marks an exciting step forward in our ongoing mission to provide unparalleled financial services and support to our valued clients,” Ashok Holani, Director of Holani Consultants said.
Holani Consultants is a SEBI registered Merchant Banker and Stock Broker based in Jaipur, Rajasthan. It offers services related to the financial markets such as IPO Management, Business Valuation Consultancy, Financial Management & Advisory, Bank Financing, Stock Broking & other Advisory/ Consultancy Services related to the Securities Market.
