The Economic Times News

Ambit closes Poonawalla Vision Fund I at Rs 1,000 crore after three-week oversubscription

Ambit Global Private Client has completed the final close of Poonawalla Vision Fund I at around Rs 1,000 crore after strong investor demand led to quick oversubscription. Backed by the Poonawalla family, the Category II AIF focuses on mid- to late-stage profitable companies across BFSI, consumer and business services, and will invest across private and select public market opportunities.