Mumbai, July 9 -- Metropolitan Stock Exchange of India Ltd (MSE) is planning to raise up to Rs.1,000 стоге from private equity fund Peak XV Venture Partners Investments VII, stockbroker Jainam Broking Ltd, and 28 other brokers, family offices, and venture capital funds.

The plan is part of the exchange's revival efforts to catch up with peers.

The board on 8 July approved an increase in the authorized capital and the issuance of up to 5,000 million equity shares with a face value of Rs.1 per share, each at a premium of Rs.1 (a total price of Rs.2 per equity share including premium), showed a release on 9 July.

This translates into Rs.1,000 crore to the proposed allottees, including Monarch Networth Capital...