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Article: DHFL Venture Capital to raise Rs 250 cr this fiscal.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- June 21, 2009
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DHFL Venture Capital to raise Rs 250 cr this fiscal
Mumbai, June 21 (PTI) -- Advisory, management and consultancy services provider DHFL Venture Capital, today said it would raise Rs 250 crore in the current fiscal from the domestic markets to fund real estate projects in Tier-II and Tier-III cities.
"We will raise Rs 250 crore in this fiscal which will be deployed in real estate projects in Tier-II and Tier-III cities," DHFL Vice-Chairman and Managing Director Kapil Wadhawan told PTI.
Wadhawan said that the fund would be raised from financial institutions and High Networth Individuals (HNIs) domestically.
Established in 2005, DHFL ...