Godrej opens new money door with private credit

Benchmarks Nifty24,189.55-98.11FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.3 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheThe Economic Times daily newspaper is available online now. Read Today's Paper Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIFSECTIONSGodrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIFPTILast Updated:…

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Godrej opens new money door with private credit
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Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIF
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Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIF
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Synopsis

Godrej Industries Group is entering the private credit market with a new fund. The company seeks to raise up to two thousand crore rupees for this venture. This new alternate investment fund will focus on mid-market companies. Financing will be secured by hard collateral and comprehensive covenant protection. The fund targets high net worth and institutional investors for capital.

Pirojsha Godrej-led Godrej Industries Group enters private credit, targeting ₹2,000 crore for its maiden AIF.

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