IndusBridge raises Rs 2,000-crore fund for defence bets
IndusBridge Ventures has triumphantly raised ₹2,000 crore, a remarkable achievement in the realm of private equity focused on defence. Co-founders Ravi Kapoor and Rahul Devjani intend to channel this funding into Indian defence firms, aiming to harness the increased global defence budgets and support India's efforts towards self-reliance. Kapoor forecasts that defence exports could soar to ₹50,000 crore soon, enhancing the security technology supply chain.
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