Evangelos Ventures raised ₹625 crore from Ares SSG Capital affiliate and ₹750 crore from Farallon Capital affiliates at an internal rate of return of more than 15%. Both debt facilities were raised in the form of three-year bonds due March 31, 2025. The proceeds will be deployed mainly to repay high-cost borrowings of Goswami Infratech (GIPL), said the people.
