TVS Capital Funds announced the second close of its third venture capital fund – TVS Shriram Growth Fund 3 – after having the target corpus of ₹1000 crore fully subscribed to. The fund has received commitments of ₹1,100 crore. It has a structure that allows for a ₹500 crore green-shoe option of which ₹100 crore has already been subscribed to and ₹150 crore remains in pipeline.
