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BlackOpal: Assets management firm BlackOpal to raise USD 5-7 million in a year

Under the separate platform of group BlackOpal Asset Management, BlackOpal is currently managing five projects in various capacities, totaling 2.5 million sq ft having an estimated value of approximately Rs 1,325 cr.

BlackOpal Group gets NBFC License, dilutes minority stake & raises $1 5M

Asset management company BlackOpal will diversify into specialised lending with RBI approving its proposal for grant of NBFC licence.The company proposes to operate the financing activity under a separate SPV of the group, BlackOpal Financial .

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