Evolvence India Holdings PLC said it has completed investing about 40 mln usd, raised through its initial public offering, into the Evolvence India Fund (EIF), an established private equity fund focusing on growth capital in India.
Evolvence India Holdings, a fund holding company promoted by Dubai-based alternative investment firm Evolvence Capital Ltd, raised 65 mln usd at the time of its admission to AIM on March 23.
Source : Forbes