Osian art fund

Osian’s-Connoisseurs of Art Private Limited was a fund started in Mumbai in 2007 by Neville Tuli. It was closed down in 2010 upon orders from the Securities and Exchange Board of India, SEBI when it was not able to pay back its investors.[1]

Founding

Osian's art fund was India's first arts based fund. It was established in 2007 in Mumbai by Neville Tuli, an Indian who had reportedly spent eight years gambling in the UK and had returned to India in the early 2000s.

Modus Operandi

The fund invested funds in art, including paintings, and had a functioning art auction house.

Closure

In 2010,

References

  1. ↑ Narayanan, Dinesh; Flock, Elizabeth; Nath, Shloka (29 January 2010). "Osian's Art Fund: The Broken Paddle". Forbes. Retrieved 1 November 2016.
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