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Kochi-based Islamic NBFC Cheraman Financial launching $40M VC fund, to back around 10 startups

Wednesday, December 18, 2013 | More »

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Cheraman Financial Services Ltd (CFSL), a Kochi-based Sharia-compliant non-banking finance company (NBFC), has received market regulator SEBI’s approval to launch a VC fund with a corpus of Rs 250 crore ($40 million), according to The Times of India, citing a top company executive. To be christen...