Veloce Opportunities Fund crosses Rs 140 Cr with Rs 40 Cr green shoe option

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Veloce Opportunities Fund crosses Rs 140 Cr with Rs 40 Cr green shoe option - YourStory

Quick Summary:

The Fund aims to drive long term growth for its portfolio companies while generating consistent high returns for the fund investors.

The fund aims for 18%+ returns, and “given its pre-ponderance on debt, regular interest income and quicker cash flows from investments, the fund expects a higher level of consistency in payouts with lower volatility of returns,” the company said.“By leveraging our centralised investment dashboard, we are ensuring unparalleled transparency and efficiency for our investors, offering real-time updates and insights into fund performance,” said Jogani.“This structured and data-driven approach enables us to unlock value not only for our stakeholders but also for India’s dynamic entrepreneurial ecosystem, which is poised for significant growth in the coming years,” he added.

Being sector agnostic, it supports enterprises in diverse fields such as manufacturing, technology, real estate, healthcare, and services, the company added.