Poonawalla Vision Fund I Closes at Rs 1,000 Crore After Oversubscription
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Poonawalla Vision Fund I Closes at Rs 1,000 Crore After Oversubscription

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.

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