- Holani Venture Capital Fund aims to capitalize on investment opportunities within the SME sector.
- The company’s focused approach and deep understanding of the SME landscape enable it to identify promising businesses with high growth potential.
- The fund is set to contribute significantly to the growth of the SME ecosystem.
Mumbai, 29th May, 2024, Wednesday – The Holani Group, a prominent name in the investment sector, has announced that its recently launched ₹300 crore SME-focused Venture Capital Fund has received ₹184 crores within a month of its inception on April 27th, 2024, in Jaipur.
The Holani Group entered the fund management and investment arena after receiving approval from the Securities and Exchange Board of India (SEBI) on April 3rd, 2024, to register its Alternate Investment Fund (AIF). This approval allowed Holani Group to operate as an equity fund house and start collecting investor funds for the dynamic Indian equity markets. The fund also includes a green shoe option to retain an additional ₹100 crore.
“We are grateful to our investors for their confidence, resulting in ₹184 crores being invested in just one month since the fund’s launch. We remain dedicated to empowering SMEs and driving their growth. Through our sector-agnostic strategy, thorough research, and careful risk management, we aim to generate long-term value for our clients while promoting innovation, entrepreneurship, and economic growth in India,” said Mr. Ashok Holani, Director of Holani Consultants Private Limited.
The Holani Venture Capital Fund (VCF), formally known as Holani Venture Capital Fund Category I AIF, is an Indian growth capital private equity fund managed and sponsored by Holani Capital Advisors LLP. The fund is now officially registered under SEBI as a Category I AIF – Venture Capital Fund.
