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Russia’s Sistema sets up $50M Asia fund for startups

Friday, February 5, 2016 | More »

Vsevolod_fe
Russian conglomerate Sistema JSFC said on Friday it has floated a proprietary $50 million (Rs 340 crore) Asia Fund to invest in Indian startups in the technology and niche consumer retail sectors. The corpus of the Sistema Asia Fund will be increased in the future once its startup financing business...