ICICI Venture eyes digital start-ups, real estate fund of $300-400 million

ICICI Venture has decided to invest in digital start-ups and is considering setting up a separate fund for this purpose. It is also looking at setting up a new fund in real estate of around $300-400 million to leverage the post covid-19 requirements in the commercial space. The leading private equity player is re-entering the start-up space after around two decades. When it started as a venture capital fund in 1988, ICICI Venture focused on investing in early stage companies such as naukri.com but from 2002 on, it shifted back to later stage companies and bigger deals. This i.....

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