ICICI Venture plans to float Rs 2,500-cr pvt equity fund

Leading private equity firm ICICI Venture plans to raise Rs 2,500-crore private equity fund.

Leading private equity firm ICICI Venture plans to raise Rs 2,500-crore private equity fund.

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The fund will have a greenshoe option of Rs 1,500 crore, an ICICI Venture spokesperson told PTI in Mumbai on Friday.

ICICI Venture is the private equity arm of India's largest private sector lender, ICICI Bank.

It has funds under management in excess of $2 billion.