One Planet Partners ties up with Japan's Sumitomo Mitsui Trust Bank to launch Rs 3,000 cr fund
The Mumbai-based firm will provide scale-up capital between Rs 100 crore and Rs 500 crore to mid-market businesses. The fund focuses on energy transition, mobility, and manufacturing, with Yulu Bikes being the first investment.
Key points
- Launch of a Rs 3,000-crore maiden fund
- Focus on energy transition and industrial expansion
- Targeting mid-market businesses with revenue between Rs 200cr and Rs 2000cr
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