Venture Intelligence (TSJ Media Pvt. Ltd.)
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Angel investing platform IP Ventures launches $50-M fund
Early-stage angel investing platform Inflection Point Ventures (IPV) has launched Physis Capital, a USD 50 million AIF CAT II venture capital fund. The new fund will have a greenshoe option of USD 25 million, taking the total available pool to USD 75 million. The fund, which has backed startups such as TrulyMadly, Otipy, AFK Gaming, iKure and Fabheads among others through its angel investing platform, will look to invest in 15-20 startups through pre-Series A to Series B funding rounds. The cheque sizes will range from USD 2 million to USD 10 million.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.