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ICICI Venture set to raise $350-400 mn for fifth PE fund, mulls separate early-stage fund

ICICI Venture set to raise $350-400 mn for fifth PE fund, mulls separate early-stage fund

16 Mar 2022

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ICICI Venture set to raise $350-400 mn for fifth PE fund, mulls separate early-stage fund

Puneet Nanda is Managing Director and CEO of ICICI Venture

ICICI Venture, the alternative investment arm of ICICI Bank, is in talks to raise at least $350-400 million (around ₹2,600-3,000 crore) for its fifth private equity (PE) fund and also mulling to launch an early-stage growth fund, the firm’s top executive told VCCircle. "We are now in the midst of raising ......