Fund News

Beams Fintech Fund announces first close of maiden fund at $36-M

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Venture Catalysts-backed Beams Fintech Fund has completed the first close of its maiden fund at USD 36 million (INR 270 crore). The first close of its fund saw participation from both domestic and international investors including banks, non-banking financial companies (NBFCs) , fintechs, large family offices, financial service's CXOs and fintech founders. Oriented towards Series B and C rounds, the fund will primarily invest in 10-12 companies.

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