
Ambit Global Private Client has successfully closed the Poonawalla Vision Fund I at approximately Rs 1,000 crore, exceeding its initial target due to strong investor demand. The fund, backed by the Poonawalla family, focuses on mid- to late-stage profitable companies in sectors like BFSI, consumer, and business services. This oversubscription follows Ambit GPC's established track record in private markets, having previously managed investments that yielded significant returns.