The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors’ reception also remained positive with only one failed IPO.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment