Indian Angel Network closes VC fund at $53m
Indian Angel Network (IAN) has closed its first venture capital fund with INR3.7 billion ($53 million) in commitments. The target was INR3.5 billion.
LPs include the Small Industries Development Bank of India, local financial services firms IIFL and Yes Bank, holding company Max Group, US impact investor Gray Matters Capital, and Hyundai. Individual...
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