India's IIFL AMC to raise up to $100m fund of funds to invest in technology-focused VCs

India's IIFL AMC to raise up to $100m fund of funds to invest in technology-focused VCs

Photo: Pramugdha Mamgain/DealStreetAsia

IIFL Equity Opportunities Fund is raising a fund of funds (FoF) of up to 750 crore, including a 250 crore green-shoe option, to invest in technology-focused venture capital (VC) funds, said a company executive.