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Monarch Networth Capital To Soon Launch Rs 100 Crore Startup Fund

Jul 27, 2021•almost 4 years ago

Amount Raised

₹1 Billion

Ahmedabad

Description

Ahmedabad-based financial services company Monarch Networth Capital will soon launch its Rs 250 crore category III AIF fund and a Rs 100 crore startup fund that it will look to raise from high networth individuals or HNIs, a senior company official said. It will also apply for a mutual fund license in the current financial year.

Company Information

Company

Monarch Networth Capital

Location

Ahmedabad, Gujarat, India

About

The company is targeting a final close of the said funds by end of the current financial year, said Vaibhav Shah, managing director, Monarch Networth Capital.