India VC player Helion closes third fund at $255m
Helion Venture Partners has closed its third fund at just over $255 million, over $45 million more than for its previous vehicle, which closed in March 2008. The successful fundraise, which attracted commitments from pension funds, endowments, foundations, sovereign funds, family offices and fund-of-funds, confirms Helion’s status as one of the leading VCs in India.
The full amount raised is $255.25 million, according to a filing with the US Securities and Exchange Commission. It takes Helion's assets under management past $600 million, broadly comparable to Matrix...
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