Fund News
Arali Ventures makes final close of Fund II with Rs.266-Cr
Bengaluru-headquartered B2B (business-to-business) technology startups focused seed venture capital firm Arali Ventures has made a final close of its second fund with INR 266 crore. The fund has attracted capital from domestic financial institutions, family offices and HNIs (high networth individuals).Arali Ventures had raised its first fund - an angel fund with a INR 50 crore corpus - in 2019. It has since invested in over 20 startups including Wiz Freight, CynLr, FinBox and Unbox Robotics. Arali has also exited Wingman (via Strategic Sale to US-based Clari) and Insent.ai (via Strategic Sale to US-based ZoomInfo).
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