A special purpose acquisition company (SPAC) launched in the United States by private equity veteran Rohan Ajila and Manipal Group chairman Gautham Pai has raised $170 million via an initial public offering.

“This complements the expertise of our management team in cross-border M&A, business development and Asia/India expansion,” said Ajila, the co-chairman and chief executive of GCAC, in a statement. ,” said Ajila, the managing partner at FIDES Business Partner, a PE firm based in Zurich. Ajila was also managing partner of Capvent AG, a PE and Fund of Funds investment house that has invested more than $1 billion globally over the last two decades.

https://www.ajila.com/

The United States, North Carolina, United States

Blank Check Firm Set Up By Manipal'S Pai, Pe Veteran Ajila Raises $170M In Us Ipo

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Blank Check Firm Set Up By Manipal'S Pai, Pe Veteran Ajila Raises $170M In Us Ipo

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