Kotak Investment Advisors, the alternate asset management arm of the Kotak Mahindra Group, successfully closed its maiden Pre-IPO Opportunities Fund after raising Rs 2,000 crore, the company said on Tuesday.
The fund will primarily focus on investments in late-stage disruptive new-age technology companies with robust unit economics, scalable business models, and exit visibility. Investors in the fund include several family offices such as Catamaran, the family office of Infosys co-founder NR Narayana Murthy, and Skywalker, the family office of the Rubamin group.
