ICICI Venture raises $190 mn for fourth fund
India Infoline News Service | Mumbai | April 21, 2016 11:14 IST
ICICI Venture Funds Management Co Ltd, has raised $190 mn from investors for its fourth fund, according to reports.
Report says that the fund called ‘India Advantage Fund Series 4’ raised capital from existing investors and from a large Asian sovereign wealth fund.
The company is also planning to exit from its existing investments through secondaries and strategic asset sales.