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New Delhi, July 2 IFCI Venture Capital Funds Ltd (IVCF) on Monday announced the launch of three new funds in emerging sectors of the economy. These three funds together have a target corpus of about Rs 1,000 crore.

The funds are India Automotive Component Manufacturers Private Equity Fund; India Enterprise Development Fund (invest in companies setting up clean development mechanism projects) and Green India Venture Fund. IVCF has already received in-principle approval from SEBI for the three funds.

More Stories on : New Fund Offer | Financial Institutions | Venture Capital

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