Venture Intelligence (TSJ Media Pvt. Ltd.)
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8i Ventures makes first close of 2nd fund worth $50M
Early-stage venture capital firm 8i Ventures - which is focused on fintech and commerce sectors. - has raised USD 25 million as the first close of its USD 50 million second fund. The second fund received participation largely from family offices like Salgaocars and Hemendra Kothari (of DSP Group). The firm's first fund was USD 15.5 million in size and notable investments include M2P Fintech, Slice, and Blue Tokai. It expects to make around five to six deals a year.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.