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.
Bu hikaye Mint New Delhi dergisinin December 20, 2024 sayısından alınmıştır.
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Bu hikaye Mint New Delhi dergisinin December 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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