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Speciale Invest Raises Rs 120 Crore For Its Second Seed Fund

Speciale Invest Raises Rs 120 Crore For Its Second Seed Fund

04/09/21, 1:11 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Money raised
₹1.2 billion
Round Type
seed
Bengaluru: Homegrown venture capital fund Speciale Invest has raised Rs 120 crore ($16.2 million) for its second seed fund, which it intends to close at Rs 140 crore. “We expect to complete the balance very soon,” Managing Partner Vishesh Rajaram said in an interview with ET.

Company Info

Company
Speciale Invest
Location
mumbai, maharashtra, india
Additional Info
The firm, which focuses on deep tech and enterprise technologies startups, is looking to back more than 20 companies through pre-seed and seed rounds, a senior executive told ET.The The firm had raised its first fund of Rs 60 crore in 2018, through which it backed around 18 companies.