SVB Capital Raising Its First India Fund; Targets $50 Million

SVB Capital, the private equity arm of Silicon Valley Bank Financial Group, is launching its first India-focused fund. The corpus of the fund will be $50 million, of which $33 million has already been raised.
SVB Global, a subsidiary of SVB Financial Group, is already present in India through SVB India Advisors Pvt Ltd. It provides consulting and business services to entrepreneurs and venture capital funds.

Comments have been disabled for this post