News Snapshot:
The $120 million Sistema Asia Fund counts Rebel Foods, Lendingkart and Licious among its investment portfolio. ET Bureau 38 IST NEW DELHI: Russian conglomerate Sistema Public Joint Stock Financial Corporation, an active investor in the Indian startup ecosystem through its Sistema Asia Fund , is thinking of raising a larger investment vehicle next year, a senior executive at the Moscow-headquartered fund told ET.The $120 million Sistema Asia Fund counts Rebel Foods , Lendingkart and Licious among its investment portfolio. The fund is targeting a larger corpus — $150-175 million, according to Sumit Jain, senior partner at Sistema Asia Fund Advisory....
