Cinnamon Wealth readies to float debut private credit fund
Mint New Delhi|December 20, 2024
Cinnamon Wealth, which is a women-focused asset and wealth management company, is all set to launch its maiden private credit fund, the Women Enterprisers Fund, by January, a top company executive told VCCircle.
Aman Rawat

The Women Enterprisers Fund will invest in women-led enterprises and will channel capital into India's MSME sector. The investment vehicle will prioritize investments in businesses that are owned, co-owned, or led by women.

"We are targeting a total fund size of ₹500 crore, with a base amount of ₹250 crore and an additional ₹250 crore allocated as a green shoe option," said Vijay Emmanuel, co-founder and CEO of Cinnamon Wealth.

The fund will focus on investments in sectors such as BFSI, consumer discretionary, dairy, fashion, chemicals, and healthcare.

"Healthcare, in particular, is a key vertical for us, with strong prospects for growth," said Emmanuel.

هذه القصة مأخوذة من طبعة December 20, 2024 من Mint New Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 20, 2024 من Mint New Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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