Launched in May 2024, ‘Future Leaders Fund (FLF) III’ has a total targeted corpus of INR 350 Mn, with a green shoe option of up to INR 1,500 Cr
The fund plans to make 12-14 investments, with an average ticket size of INR 150–300 Cr, in sectors such as financial services, healthcare, technology, consumer goods, and manufacturing
The FLF series of funds back high-growth market-leading companies and category-creating businesses
Avendus said that its Future Leaders Fund III (FLF III) has marked its first close, securing INR 850 Cr in commitments from leading domestic family offices and Indian institutions.
Registered as a category-II Alternative Investment Fund (AIF) with SEBI, FLF III is targeting a raise of INR 1,500 Cr with an additional green shoe option of INR 1,500 Cr.