TVS Capital Funds, the private equity fund manager backed by the TVS and Shriram groups, has raised nearly Rs 2,000 crore for the final close of its third private equity fund, TVS Shriram Growth Fund 3. “The fund has successfully closed its extended fundraise with an overall assets under management (AUM) of Rs 1,550 crore in the blind pool. With a potential co-investment pool of approximately Rs 450 crore, the total AUM for the fund would stand at Rs 2,000 crore. This makes TVS Capital Funds the largest rupee-only capital fund, only through domestic sources, empowering next-gen entrepreneurs in India,” Gopal Srinivasan, managing director and chairman, TVS Capital Funds, said.