Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-10-05

TVS Capital raises Rs 500 crore for top-up fund 1B

TVS Capital Funds, the Chennai-based private equity firm that is the asset manager to TVS Shriram Growth Fund, has raised Rs 500 crore for its top-up fund 1B. The company had launched 1B fund last year and has raised the entire amount from domestic capita

TVS Capital Funds, a Chennai-based private equity firm that is the asset manager to TVS Shriram Growth Fund, has raised Rs 500 crore for its top-up fund 1B. The company had launched 1B fund last year and has raised the entire amount from domestic capital.

The maximum part of the fund has been raised from family offices, institutions and sponsors. Apart from this, TVS Capital has also boosted fund’s advisory board by bringing in B. Soundararajan, Founder and Chairman, Suguna Foods, a large poultry enterprise, to the board.

TVS Capital has also got Sandeep Kohli who was the Managing Director of Yum! and Anand Sudarshan, who was the CEO of Manipal Global Education Service as fund advisors.

TVS has also roped in S. Raghunathan, who has more than 25 years of experience in Hindustan Unilever and Dabur, as Executive Director and COO.  Moreover, Shyamal Lahon who was working with KPMG corporate finance has joined the company as an associate.

TVS Shriram Growth Fund is Rs 600 crore domestic rupee fund that has invested in companies like Dunar Foods Ltd, Om Pizzas and Eats Pvt Ltd, and ReGen Powertech.

Related opportunities
  • CAD/CAM/CAE & Multimedia
    About Us: CogniznR is a venture of Rudrabhishek Infosystem Pvt. Ltd...
    Locations looking for expansion Uttar pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets Less than 10
    Franchise Type Unit
    Headquater Noida Uttar pradesh
  • Juices / Smoothies / Dairy parlors
    About: We are a new-age startup with a vision to make..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Furniture/Home Decor & Furnishing
    About Us: ▪ The innovative and creative business concept of ''Paint-Lib''..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Bakery & Confectionary
    About US:  Incorporated in 1991, Lucky’s Bakery & Patisserie, is a..
    Locations looking for expansion Delhi
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 125
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts