Aspada Investment Company received the $10 million commitment from the SEDF and will in turn make education, healthcare, and financial services more accessible to low- income people in India and would also invest in agricultural supply chain companies in an effort to support small holder farmers, a company statement said.
Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Investors say they see large companies going through the grind, as their promoters struggle with liquidity because they are levered up at the holding company level and are starting to get margin calls thanks to the crashes in the stock market, and in the next six months, the targets that will come up for PE companies will make for a harvest season like never before.
While funds will not be a constraint, the challenge for Aasaanjobs will be to reach out to people with no internet, says M Saraswathy.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
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