Inflexor Ventures marks its first close of its ‘Inflexor Technology Fund’ at Rs 230 Cr

Inflexor Ventures marks its first close of its ‘Inflexor Technology Fund’ at Rs 230 Cr

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.

Ankur

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