20.06.2011 - ICICI Venture to raise money for real-estate fund
ICICI Venture Funds Management, the private equity arm of India's largest private sector bank ICICI Bank, plans to raise 7.50 billion to 10 billion rupees ($167 million to $223 million) for its second real-estate fund, the India Advantage Fund Two. The fund will raise capital from domestic banks and high-networth individuals and focus primarily on residential real-estate projects of mid-sized developers in top-tier cities such as Delhi-National Capital Region, Mumbai, Pune, Bangalore and Chennai..............................................Full Article: Source
Print