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India s NV Capital to raise Dh246m from NRIs in the UAE Reuters The credit fund will also raise money from High Net Worth Individuals living abroad to invest in the media sector. India s NV Capital plans to tap non-resident Indians (NRIs), high net worth individuals (HNWIs), family offices and financial institutions in the UAE to raise Dh246 million ($67 million). NV Capital will be India s first credit fund focused on the media and entertainment sector to invest in content creators, over-the-top (OTT) media platforms, gaming and entertainment start-ups. The fund has received approval from the Indian regulator Securities and Exchange Board of India (SEBI) as Category II Alternative Investment Fund.

Vivek menonJayantilal gadaExchange board of indiaCategory ii alternative investment fundExchange boardSanjay leela bhansaliவிவேக் மேனன்ஜெயந்திலால் கடாபரிமாற்றம் பலகை ஆஃப் இந்தியாவகை ீ மாற்று முதலீடு நிதிபரிமாற்றம் பலகைசஞ்சய் லீலா பன்சாலி