Former defence secretary-floated MountTech Growth hits first close of maiden fund

By Malvika Maloo

  • 24 Jul 2024
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Ajay Kumar, MountTech Growth Fund

MountTech Growth Fund, a venture capital firm launched by India’s former defence secretary Ajay Kumar, has achieved the first close of its maiden vehicle Kavachh (MGF-Kavachh). The vehicle, registered with the Securities and Exchange Board of India as a category-II alternative investment fund, received approval from the regulator earlier this year ......

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