The fund will be focusing on infrastructure credit and this is the first time where a fund is being set up with significant commitments from global investors, the statement said.
A criminal suit has been filed by BharatPe, the fintech unicorn, against its former co-founder and MD Ashneer Grover and his family, asking for up to Rs 88.67 crore for supposed damages caused by alleged misappropriation of funds and cheating.
BharatPe case against Grovers: Justice Navin Chawla gave the Grovers two weeks' time to reply to BharatPe's petition. The matter has been listed for January 9, 2023.
The four-year-old company hit the headlines earlier this year when Grover was accused of using inappropriate language and threatening a Kotak Group employee for failing to secure an allotment and funding for the Nykaa IPO for himself and his wife Madhuri Jain Grover.
Fintech unicorn BhartPe has filed a criminal suit against its former MD and co-founder Ashneer Grover and his family, seeking up to Rs 88.67 crore in damages for alleged cheating and embezzlement of funds.