India’s IFMR Investment Managers, a subsidiary of non-banking financial company IFMR Capital, has launched two new debt funds targeting a total of up to INR8.5 billion ($127 million; €121 million).
The two funds will provide medium- and long-term loans, according to a release.
The IFMR Fimpact Long Term Credit Fund is a 10-year alternative investment fund targeting a size of INR2 billion with a hard cap of INR3.5
