New Delhi: Nikhil Kamath, the co-founder of Zerodha, announced the launch of True Beacon Global, the first Category III Alternative Investment Fund (AIF) in Gujarat International Finance Tec (GIFT) City, a Special Economic Zone (SEZ) pioneered by the Modi government. Kamath already manages a category III AIF outside GIFT city called True Beacon One, which was launched in September 2019.

