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Announcement of IFC Invests in Information Technology Fund in India on December 1, 1993 (anglais)

This press release announces that the International Finance Corporation (IFC) will invest Indian Rupees 20 million (approximately 0.7 million US dollars) in the Information Technology Fund, India's first industry-specific venture capital fund on December 1, 1993. This fund aims to provide equity capital to first-time entrepreneurs and expanding enterprises in the information technology sector, leveraging India's competitive advantage in both software...
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