Medical equipment provider Trivitron’s Managing Director GSK Velu has floated two investment funds—a Venture Capital (VC) fund under Stakeboat Capital targeting to raise $100 million, and a family office fund with a corpus of $75 million, reports Financial Express. Both funds will target companies in healthcare delivery, consumer-led businesses and enterprise technology, adds the report. Apart from this, Velu will act as the non-executive chairman of Stakeboard Capital which will also include two General Partners: Kandasamy Chandrasekar, and A Ganesan. Velu will be the lead investor in the new fund by contributing $20 million; the remaining $80 million will be raised from domestic family offices and other domestic and international institutional investors. While according to ET Stakeboard Capital is planning on a seven-year fund with an optional 'plus two' and an investment window of 4 to 5 years in each…
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