Topic
fund iii
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.
Finance Nandan Nilekani's Fundamentum Launches Rs 2,200 Crore Fund III for Growth-Stage Indian Startups
Fundamentum Partnership, led by Infosys co-founder Nandan Nilekani and veteran investor Sanjeev Aggarwal, has launched Fund III with a target corpus of Rs 2,200 crore including a Rs 400 crore greenshoe option. The fund will write initial cheques of Rs 100-150 crore for 10-15% ownership in 8-10 companies, focusing on consumer technology, fintech, and AI-native businesses. Fund II has delivered a 26% gross IRR.
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.