WestBridge launches India “evergreen” fund
NOVEMBER 15, 2011
Investment firm WestBridge Capital has raised India’s first so-called evergreen fund from global investors, or limited partners (LPs). Ecosystem evergreen india VC WestbridgeInteresting. Unlike traditional funds, the $500 million (around Rs 2,500 crore) corpus that WestBridge has raised will not have an investment cycle. Instead, returns generated on investments will automatically be ploughed back into the investment pool, creating a perpetual flow of capital for investments.