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British International Investment supports Asha Ventures with 10 million dollar fund
Asha Ventures, based in Mumbai, has secured $10 million from British International Investment for its inaugural fund. The firm aims to close Asha Ventures Fund-I by September 2025, following a $50 million first close in December 2023. Managing partner Amit Mehta noted that fundraising is progressing well despite the rigorous diligence required by large institutions.
Apollo Global seeks majority stake sale in Clix Capital
Apollo Global Management has begun the process to sell a majority stake in Clix Capital, a non-banking finance company it has held for eight years. The firm is open to offering 51% control, with the final stake depending on valuations and buyer interest. Co-founders Pramod Bhasin and Anil Chawla, who hold a combined 15% stake, will also consider any potential stake dilution based on deal pricing.
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