VC & PE firm Inflexor Ventures marked the first close of their ‘Inflexor Technology Fund’ by raising Rs 230 cr. This is a sector-agnostic technology fund that was launched early this year.
Fund would be deployed in backing 6-8 early-stage startups at pre-Series A to Series A stage, especially working in segments such as health tech, fintech, consumer-tech, cleantech, edtech, agritech, and others. While it would infuse anywhere between Rs 5-7 crore cheque at the initial stage, Rs 15-20 crore investment would be provided to the portfolio companies in the follow-on rounds.
