<h1>Tavasya SSF Closes Second Scheme 'Tavasya Mudrikaran Scheme II' at Rs. 200 Crores, Boosts Distressed Asset Investment in India</h1> Tavasya SSF, a Category 1 Special Situations Fund, has successfully closed its second scheme, 'Tavasya Mudrikaran Scheme II,' with a fund size of Rs. 200 Crores, launched on January 1, 2025. This follows the first scheme's Rs. 400 Crores close, achieved within six months. The fund, established in late 2023 by two founders with expertise in international markets and distressed assets in India, aims to co-invest with leading Asset Reconstruction Companies to acquire debts from distressed companies. The scheme has attracted commitments from domestic family offices and high-net-worth individuals, reflecting confidence in distressed asset transactions in India.