In an attempt to fund early-stage startups Co-founders of Parampara Capital have announced the launch of their second venture capital fund – Inflexor Technology Fund. The founders are targeting to raise $100mn from international investors to support companies who are leveraging technology IP/innovation across sectors. According to a statement to the media by the company,…
Tag: Venture Capital Fund
Falcon Edge pledges $300mn India dedicated VC fund
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•US-based investment firm Falcon Edge Capital has raised $300mn India-focused venture capital fund Alpha Wave Incubation (AWI). The fund is anchored by investors from UAE and an undisclosed entity of the Government of Abu Dhabi. According to a report by The Economic Times, AWI is in the final stages of closing the corpus and is…
Info Edge launches its maiden venture capital fund
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•Noida-based Info Edge has recently announced the launch of its maiden venture capital fund to back tech start-ups in India. Info Edge, which is also the parent company of the online job listing platform Naukri.com, is widely known for backing Zomato and PolicyBazaar. Naming it as Info Edge Venture Fund (IEVF), the new entity is…