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Veloce Fund Secures Rs 140 Crore to Empower MSMEs

1/28/2025

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Summary

Story summary

Veloce Opportunities Fund, a SEBI-registered alternative investment fund, has successfully garnered Rs 140 crore in commitments, with a goal of reaching Rs 200 crore by March 2025. Focused on empowering MSMEs, the fund will provide venture debt and pre-IPO funding to over 20 companies, with investments ranging from Rs 1 crore to Rs 20 crore, targeting an impressive 18% return.

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Story summary

Veloce Opportunities Fund, a SEBI-registered alternative investment fund, has successfully garnered Rs 140 crore in commitments, with a goal of reaching Rs 200 crore by March 2025. Focused on empowering MSMEs, the fund will provide venture debt and pre-IPO funding to over 20 companies, with investments ranging from Rs 1 crore to Rs 20 crore, targeting an impressive 18% return.