Deal focus: IvyCap’s timely 22x windfall
With the launch of its third fund a few weeks away, IvyCap Ventures leveraged strong investor interest in beauty e-commerce player Purplle to secure one of India’s largest rupee VC exits
IvyCap Ventures received commitments from approximately 20 Indian institutional investors for its debut fund, which closed at INR2.4 billion ($38 million) in 2013. A second flagship vehicle of INR5.35...
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