TVS Shriram Growth Fund, a private equity fund floated by the TVS Group family and the Shriram Transport Finance group, has successfully raised Rs 500 crore. The Fund plans to invest the raised amount in the range of Rs 10 crore to Rs 50 crore in mid-cap companies with revenues of Rs 30 crore to Rs 250 crore. The fund intends to target investments in sectors such as food and agro, media and entertainment and privatized education. The fund would be looking at return of 20 per cent to 25 per cent after four years. The company has appointed Gopal Srinivasan, as Chairman of TVS Capital Funds.   more »