Former Avigo MD slashes target size of new PIPE fund, makes first close

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Blue Lotus Capital has made the first close of its new public market- focussed private equity fund with commitment of $15 million (Rs 96 crore), the investment firm’s founder and managing partner S Harikrishnan said.Harikrishnan had quit mid-market focused PE firm Avigo Capital in mid-2015 to float Blue Lotus. He ......