24-year-old CA launches Rs 100-crore fund for SMEs, start-ups
Date: April 25, 2023
Chanakya Opportunities Fund I, a Sebi Registered Category II Alternative Investment Fund, will invest in profitable SME companies with high-potential opportunities in the unorganised sectors; about 51 per cent of the corpus will be invested in unlisted SME companies, termed start-ups in manufacturing, consumer products, and technology
Kresha Gupta, a 24-year-old Chartered Accountant (CA) based in Ahmedabad has become one of the youngest woman investors in the country to launch a fund focused on small and medium enterprises (SMEs) and start-ups.
Chanakya Opportunities Fund I, a Category II Alternative Investment Fund registered with the Securities and Exchange Board of India (Sebi), announced the launch of a ₹100 crore sector-agnostic SME and start-up focused fund with a green shoe option of another ₹100 crore.
Source: businesstoday.in