Lenders fuel higher consumer spending in India with easy credit
Businesses are expecting sales during Diwali will pick up to levels seen before the pandemic struck early last year.
Axis AMC raises Rs 400 crore via Growth Avenues AIF-IThe fund has achieved the first close with investments from family offices, high networth individuals (HNIs) and non-resident Indians (NRIs). The fund will be investing primarily in mid-to-late stage technology-enabled companies with scaleable business models and a favourable risk-return profile. The sector-agnostic fund will be investing in companies catering to latent demands with multiyear growth potential and differentiated business model.
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