The latest capital infusion comes months after Aequs had raised Rs 225 crore in April in a funding round led by Amicus Capital.
If there is a broad based redemptions happening across emerging markets (EMs) then foreign institutional investors (FIIs) don't have a choice because they cannot sell everything else and not sell India, says Akash Prakash of Amansa Capital.
Akash Prakash of Amansa Capital, talks about how he expects the market to do well and expect next year to be an overall positive year. He also says that for the market to move up it clearly need supportive action from the government on the reforms front to improve the investment climate.
Akash Prakash, Fund Manager and CEO, Amansa Capital says market wants to hear fiscal deficit at 5% of GDP. The RBI had categorically said that it will only cut rates now once it gets to some kind of fiscal discipline.
Aakash Prakash of Amansa Capital foresees a possibility of the market seeing one more leg down in the first quarter this year.
Experts decode FY12 with their Crystal Ball view.
Ace investor Rakesh Jhunjhunwala said crude is a big blockade for India and as long as it stays above USD 85-90 per barrel, he sees upsides for the market being capped.