Edelweiss' arm gets Rs 525 crore from Sanaka Capital
The Edelweiss group is a Rs 525 crore fund infusion from growth-focused private equity platform Sanaka Capital and a few other co-investors. The fund raised will be pumped into Edelweiss Global Investment Advisors, its investment advisory business. While Sanaka Growth SPV I has committed to invest around Rs 308 crore, talks are on with others for an additional Rs 217 crore, the company said on Tuesday.
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