Chennai-based alternative investment firm Hegdinvst has successfully closed a $1.3 million Series A funding round, surpassing its initial goal of $1.1 million. The capital, provided by a group of domestic and global high-net-worth individuals, is earmarked to support manager and sponsor commitments for the company's upcoming SEBI Category III AIF. This multi-asset hedge fund is designed to deliver consistent returns throughout various market conditions.
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