The fund has now been duly registered with the Securities and Exchange Board of India (SEBI) as a Category I AIF—Venture Capital Fund (VCF).
Holani Venture Capital Fund, a Securities and Exchange Board of India (SEBI) Registered Category I Alternative Investment Fund (Alternate Investment Fund), has announced the launch of a Rs 400 crore SME-focused fund with a green shoe option (overallotment option) of another Rs 100 crore.
The fund has now been duly registered with the Securities and Exchange Board of India (SEBI) as a Category I AIF—Venture Capital Fund (VCF). With SEBI's green light, the Holani Venture Capital Fund is now empowered to raise and invest Rs 300 crore of the investor's funds in the dynamic Indian equity markets.
As per the SEBI, “alternative investment fund means any fund established or incorporated in India that is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors.” The Holani Group provides investment opportunities typically unavailable through conventional avenues.
Through a combination of thorough due diligence, sectoral expertise, and a keen eye for emerging trends, the Holani Venture Capital Fund would identify and capitalize on investment opportunities that promise long-term value creation for each of its clients, according to a company statement.
Holani Consultants Private Limited is a SEBI-registered merchant banker and stock broker based in Jaipur, and Rajasthan. It offers services related to financial markets such as IPO management, business valuation consulting, financial management and advisory, bank financing, stock broking, and other advisory and consulting services related to the securities market.