![]() ![]() The fund's primary focus is on investing in emerging, technology-driven, purpose-oriented businesses. Rahul Gupta and experienced fund manager Siba Panda have joined forces to create ValuAble. "We are actively in the process of raising capital and are looking to make our first closing announcement within this quarter," stated Gupta. ValuAble was granted approval by the market regulator SEBI in May to establish a venture debt fund focused on specific purposes with a total corpus of Rs 850 crore, as stated by Rahul Gupta, the Founder and Managing Partner of ValuAble. ValuAble, a venture debt fund, expects to finalise the first closing of its newly launched Rs 850-crore fund this quarter, according to a senior representative of the fund who made the announcement on Wednesday.
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