Cosmos Group Dives into Alternative Investments with New Fund

BusinessTue Apr 09 2024

Source: Cosmos Group Dives into Alternative Investments with New Fund

Diversified Indian conglomerate Cosmos Group has declared its entry into the Alternative Investment Fund (AIF) landscape with its first-ever AIF. The fund has a target corpus of ₹500 crore (US$62.5 million), with the option of raising an additional ₹250 crore (US$31.25 million). This move signals the group's commitment to supporting the small and medium enterprises (SME) sector in India. Finance will prioritize investments in SMEs, adjusting to Cosmos Group's vision of cultivating development a

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