ENA MSME 2024-04-05 17:47:06 <p><span style="font-size:14px"><strong>New Delhi, Apr 5 (KNN)</strong> Holani Venture Capital Fund, a SEBI-registered Category I Alternative Investment Fund (AIF) under merchant banker and stockbroker Holani Consultants, has launched a Rs 400 crore fund focused on investing in small and medium enterprises (SMEs). The fund also has a green shoe option to raise an additional Rs 100 crore.</span></p> <p><span style="font-size:14px">Unlike traditional investment vehicles, AIFs are privately pooled investment funds. Holani's new fund is targeting institutional investors and high-net-worth individuals seeking higher returns and portfolio diversification, as per the company's statement.</span></p> <p><span style="font-size:14px">Ashok Holani, Director, Holani Consultants, expressed his enthusiasm, stating, I am thrilled to introduce the Holani Ventures Capital Fund, which signifies our commitment to empowering SMEs and fueling their growth.</span></p> <p><span style="font-size:14px">This milestone further enhances our ability to serve our clients and partners by providing them with access to a diverse range of investment opportunities tailored to their specific needs, he further mentioned.</span></p> <p><span style="font-size:14px">Holani Consultants offers a wide range of financial services, including IPO management, business valuation consultancy, financial management and advisory, bank financing, stock broking, and other securities market-related advisory services.</span></p> <p><span style="font-size:14px">The company has assisted in valuations of over 100 private placement transactions and handled multiple SME IPOs on the BSE SME and NSE Emerge platforms.</span></p> <p><span style="font-size:14px">The newly launched venture fund aims to identify and capitalise on investment opportunities in the equity markets through a combination of due diligence, sectoral expertise, and a focus on emerging market trends.</span></p> <p><span style="font-size:14px">From April 2023 to February 2024, a total of 345 companies were listed on stock exchanges. Out of these, 179 were SMEs that raised Rs 5,381 crore, hitting a new high, while 68 were main board companies, raising Rs 58,745 crore, as per the monthly review.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37310 https://knnindia.co.in/news/newsdetails/msme/holani-venture-capital-fund-launches-rs-400-cr-sme-focused-fund 2024-04-05 17:47:06 knnindia.co.in