Topic
fund
Technology Inflexor Ventures Secures Rs 400 Crore for Fund III, Targets 22-25 Technology Startups
Inflexor Ventures has announced the first close of its Fund III at approximately Rs 400 crore, anchored by Indian institutional investors including the SRI Fund and HDFC Asset Management Company. The venture capital firm plans a final close within a year and will invest in 22-25 technology-focused companies over 4-5 years, with initial investments in healthcare, digital infrastructure, and AI. Its portfolio includes logistics tech firm Kale Logistics, linking the fund to supply chain technology.
Commodities India Establishes ₹40,000 Crore Corpus for Scientific Coal Mine Closure and Rehabilitation
Coal Minister G Kishan Reddy announced a ₹40,000 crore corpus for scientific mine closures, with 42 mines closed in the last year and a target of 147 more in 2-3 years. The fund includes a community development allocation, supported by frameworks like RECLAIM and SUVIKALP, and an Indo-German cooperation project.
Finance Nilekani's Fundamentum Launches Rs 2,200 Crore Fund III for Growth-Stage Indian Tech
Fundamentum Partnership has launched its third fund with a target corpus of Rs 2,200 crore, including a Rs 400 crore greenshoe option. Co-founded by Infosys co-founder Nandan Nilekani and veteran investor Sanjeev Aggarwal, the fund will focus on growth-stage Indian technology companies, with initial cheques of Rs 100-150 crore. The firm reported a 26% gross IRR from Fund II and expects to make 8-10 investments from Fund III.
Finance Atom XVII Launches ₹75 Crore Consumer Fund to Back Early-Stage Indian Brands
Atom XVII has launched a ₹75 crore consumer-focused fund to invest in early-stage Indian consumer brands from pre-seed to Series A, with a focus on pre-Series A. The fund aims to build a portfolio of 13-15 companies with an average investment of ₹3 crore. It has secured soft commitments of ₹40 crore and targets first close by end-July 2026.