Business · Companies · 19 hrs ago

Norwest closes $4 billion fund focused on technology and healthcare

Norwest closes $4 billion fund focused on technology and healthcare

Norwest has closed a new $4 billion investment fund.

The fund is intended to back companies in areas that include AI, healthcare and financial infrastructure.

Another account describes the focus more broadly as technology and healthcare.

Norwest already has an India portfolio that includes OfBusiness and Swiggy.

The fund adds investment capital for companies in its stated focus areas.

No further plans for the fund are given.

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