TVS Capital Funds (TCF) has closed a third and rupee-only capital fund. The company is backed by domestic investors, family offices, HNIs including tech veterans and insurance companies, with total Assets Under Management (AUM) of Rs 2,000 crore.
Gopal Srinivasan, chairman, TVS Capital Funds, said that the fund successfully closed its extended fund raising on December 31, 2020 with an overall AUM of Rs 1,550 crore blind pool and with a potential co-investment pool of Rs 450 crore, and that the total AUM for the fund would stand at Rs 2,000 crore.
This would be 3X – 3.5X of the

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