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| 3mWhy Avendus is expanding its investment focus on manufacturing sector
Avendus Future Leaders Fund, the late-stage investment arm of financial services firm Avendus, is expanding its investment focus to include the manufacturing sector as it approaches the end of the deployment period for its second fund. The firm is currently investing from the Avendus Future Leaders Fund II, which has a target corpus of $500 million. The decision to expand into manufacturing aligns with Avendus' strategy to invest in sectors that are projected to have strong growth potential.
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