New Delhi based Altius Venture Partners has launched their first fund with a target corpus of INR 100 Cr seeking to invest in early-stage startups across sectors. The fund, which is in the process of registering itself with the Securities and Exchange Board of India (SEBI) as a Category II fund, is backed by Navyug…
Tag: New-Delhi
Eximius Ventures announces the first close of maiden fund
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•Eximius Ventures, New-Delhi based Micro VC, has announced the first close of its $10 Million maiden fund for early-stage startups in India. The funds raised will be used to invest in 25-30 startups which are in early-stage. Speaking on the first close of the fund, founder and managing director, Pearl Agarwal, commented, “As a fund…
Euler Motors secures $2.6 million in funding
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•Electric vehicle start-up based in New Delhi, Euler Motors has raised $2.6 Million in its ongoing funding round. The round saw participation from venture arm of Asian Development Bank and existing investor Blume Ventures. Speaking on the investment, Saurav Kumar, Founder and CEO, Euler Motors, said, “ADB Ventures’ investment in Euler Motors signals a growing…