Informative

White Whale Gets SEBI Nod For INR 250 Cr Secondaries Fund

Update / Judgement Date

11 Feb 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Investment BankingSEBI & SCRA

White Whale received SEBI approval for its INR 250 crore secondaries fund. This allows White Whale to invest in existing shares of privately held companies. The fund will provide liquidity to early investors and founders. This approval reflects SEBI's efforts to facilitate secondary transactions in the private market. It provides another avenue for investors to participate in the growth of startups.

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White Whale Gets SEBI Nod For INR 250 Cr Secondaries Fund

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