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The Economic Times

Business / The Economic Times

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Motilal Oswal Alternates raises Rs 1,700-crore fund

Motilal Oswal Alternates has achieved the first close of its maiden private credit fund, India Credit Excellence Fund-I, at 1,700 crore. The fund aims for a 3,000 crore corpus and will provide secured lending and customized solutions to profitable, growing mid-market businesses. This strategic move leverages the firm's existing capabilities to tap into a rapidly expanding private credit market.

27 Feb 2026 5:44 am