Ashok Holani committed to empowering SMEs
Investors have given a resounding support of Rs.184 crore as of 27 May 2024, one month after Holani Venture Capital Fund launched a Rs.300 crores SME http://msme.gov.in focused fund on 27 April 2024 at Jaipur as it is being promoted by a renowned name in the investing realm — The Holani Group .
“We stand by our commitment to empower SMEs and fuel their growth. With our sector-agnostic strategy, meticulous research and prudent risk management, we aim to create long-term value for our clients while fostering innovation, entrepreneurship and economic growth of India through our fund,” said Ashok Holani, Director of Holani Consultants Private Limited http://sebi.gov.in .
“We are thankful to all the investors for the faith shown by them and parking Rs.184 crores in just one month of the launch of our fund,” he said on 7 June in Mumbai https://www.ibef.org/ .
The Holani group forayed in to fund management and investment sector on receiving the Securities and Exchange Board of India (SEBI) approval for registration of its Alternate Investment Fund on 3 Apr 2024, enabling it to operate as an Equity Fund house https://www.nseindia.com/ .
The green signal from markets regulator enabled Holani group to receive the investor monies for the dynamic Indian equity https://www.bseindia.com/ markets.
The fund also has a greenshoe option to retain additional Rs.100 crore http://rbi.org.in .
The venture capital fund (VCF) — Holani Venture Capital Fund Category I AIF (Alternate Investment Fund) – is an Indian growth capital private equity http://sbi.co.in fund that is managed and sponsored by Holani Capital Advisors LLP. The fund has now been duly registered under SEBI as Category I AIF – Venture Capital Fund https://www.londonstockexchange.com/ .
The fund provides opportunity to individuals, including high networth individuals, corporates, institutional investors, financial institutions, family offices, insurance companies, foreign investors, other alternative investment funds and other permissible investors to invest through this fund http://deutsche-boerse.com.
Holani Consultants Private Limited is a SEBI registered Merchant Banker and Stock Broker http://dbs.com.sg based in Jaipur, Rajasthan. It offers services related to the financial markets such as IPO management, Business Valuation consultancy, Financial Management and Advisory, Bank Financing, Stock Broking and other advisory/ consultancy services related to Securities Market https://www.sgx.com/ .
Holani Consultants Private Ltd received its Merchant Banking license as a “Category-I Merchant Bankers” in 2018 and Stock Broking license as an “Alpha Category Stock Brokers” in 2021. Holani Consultants Private Limited has built a strong investment banking team with more than 40 years of combined experience in the field of finance and marketing. Fiinews.com
