Elevate Campuses raises Rs 945 crore from anchor investors

Mumbai's Elevate Campuses has completed a remarkable ₹945 crore fundraising round, attracting an array of anchor investors, including the prominent State Bank of India Mutual Fund. The initiative drew participation from 20 firms globally, with sig...

ET Online
Mumbai: Hillhouse-backed Elevate Campuses has raised ₹945 crore from anchor investors including State Bank of India Mutual Fund, Mirae Asset Management, Bandhan Mutual Fund, 360 One Asset Management and White Oak Capital Mutual Fund. Around 20 domestic and international investors participated in the anchor book, including Norges, the Norway Government Pension Fund Global, the firm said. The company's anchor investor portion was fully subscribed.

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Business News › Markets › IPOs/FPOs › Elevate Campuses raises Rs 945 crore from anchor investors
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