Tag: VC fund

Artha Venture Fund (AVF) announces final close of Rs 220 Crore debut fund

Early-stage VC fund, based in Mumbai, Artha Venture Fund (AVF) has announced the final close of Rs 220 Crore debut fund. “50+ limited partners (LPs) participated in the fund, with almost half of the LPs increasing their investment commitments in the last three months. More than 50 percent of the investments came from family offices,…

Fireside Ventures lands $118 million for second fund

Fireside Ventures, a venture capital has raised $118 million for second fund. The Bengaluru-based company intended to raise Rs 750 Cr in the fresh round but bagged an additional Rs 113 Cr through the greenshoe option. Kanwaljit Singh, managing partner & founder, Fireside Ventures said, “It is a mark of confidence that the fund I…

N+1 onboards LetsVenture as partner for its maiden $100 million fund

N+1 has roped in LetsVenture as the founding venture partner for its maiden $100 million fund. Speaking on the development, Rahul Chowdhury, founder, N+1 Capital, said, “Raising venture capital is not appropriate for every type of business – there are lots of startups and SMEs with strong and steady state business models that get left…

TrueBridge Capital Partners raises $600mn for Sixth Venture Capital Fund-of-Fund

Venture capital investment firm TrueBridge Capital Partners recently announced the close of its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P. (“Fund VI”) with $600mn in limited partner commitments. With this latest fund, TrueBridge surpasses its previous fund of $450 million and now manages over $3.3 billion in assets. “Today’s global economic environment…

VC firm Lyra launches second fund backed by TSI Holdings

Singapore-based early-stage venture capital firm, Lyra Ventures recently announced that it has launched a Japan-backed global second fund. Japanese fashion conglomerate TSI Holdings will be a key investor in this fund. However, the company did not disclose any financial details. Lyra Ventures, which was formerly known as Start Today Ventures, said that the new fund…

Grooming startup LetsShave raises funding from Wipro

Chandigarh-based personal care and grooming startup LetsShave recently announced that it has raised an undisclosed amount of funding from Wipro Consumer Care Ventures, the venture capital fund of Wipro Consumer Care and Lighting. Existing investor Dorco also participated in the funding round.  Although there is no confirmation by the company, media reports suggested that with…

E-commerce platform Near.Store raises $300k in seed funding from sauce.vc

Plug-and-play E-commerce platform for offline stores Near.Store recently announced that it has raised $300,000 in seed funding from venture capital fund Sauce.vc and other individual investors. Near.Store helps offline stores go online, digitize their inventory, develop new consumer relationships and access business data and insights to make their business more efficient. This is done through…