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Wednesday, May 21
by
www.indiape.com
on Wed 21 May 2008 10:42 AM IST
Motilal Oswal Ventures Capital Advisors on Tuesday said its 125-million-dollars private equity fund -India Business Excellence Fund- plans to invest in 10-12 companies by this year-end.
"We are close to sealing a few transactions within the next few weeks," a Motilal Oswal Venture Capital Advisors Pvt Ltd (MOVCAPL) official told PTI here.
The company was already evaluating various companies in which to pump in investment and "by end-this year, we hope to complete investments in about a dozen companies," the official said.
The 125-million-dollar growth stage fund which achieved its final closing in December last, invests across sectors except in retail and real estate. more »
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