Domestic Funds To The Rescue, GobbleCube Nets $15 Mn & More
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Domestic Funds Double Down On Indian Startups
Indian mutual funds and AIFs have stepped in to back Indian startups as foreign investors take a back seat due to geopolitical tensions. Domestic mutual funds (MFs) are cushioning the blow and increasing their exposure to giants like Eternal and Paytm.
Eternal’s Shot In The Arm: Foreign portfolio investors slashed their holdings in Eternal from 47.3% to 32.6%, marked by the total exits of the Kuwait Investment Authority and Antfin Singapore. Counter
Indian mutual funds and AIFs have stepped in to back Indian startups as foreign investors take a back seat due to geopolitical tensions. Domestic mutual funds (MFs) are cushioning the blow and increasing their exposure to giants like Eternal and Paytm.
Eternal’s Shot In The Arm: Foreign portfolio investors slashed their holdings in Eternal from 47.3% to 32.6%, marked by the total exits of the Kuwait Investment Authority and Antfin Singapore. Counter
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