Motilal Oswal Alternates has achieved the first close of its maiden private credit fund, India Credit Excellence Fund-I, at ₹1,700 crore. The fund aims for a ₹3,000 crore corpus and will provide secured lending and customized solutions to profitable, growing mid-market businesses. This strategic move leverages the firm’s existing capabilities to tap into a rapidly expanding private credit market.
Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore
The Government of Singapore, HDFC Mutual Fund and the Monetary Authority of Singapore bought promoter shares worth thousands of crores in Vishal Mega Mart as