Sidbi, Quilvest invest in JM Financial arm’s Rs 600 cr India fund

Sidbi, Quilvest invest in JM Financial arm’s Rs 600 cr India fund Quilvest invested over Rs 100 crore in the second fund, along with Sidbi that put in another Rs 122 crore. The PE arm of Nimesh Kampani-led JM Financial Group had achieved the first close of its second fund at Rs 300 crore in April 2018.

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