Fund News

Cactus Venture Partners marks final close of maiden fund at Rs.630-Cr: report

Business World  

Cactus Venture Partners has closed its inaugural fund with over INR 630 crore.The investment comes from a mix of domestic and international limited partners (LPs), including family offices and high-net-worth individuals from the US, Singapore, EU, and the UK.Among the domestic LPs are SIDBI, the Self-Reliant India Fund (SRI Fund), and the UP Startup Fund. There were commitments from family offices as well, including a large mining group and a flexible packaging company based in Western India. Additionally, investments were secured from companies in sectors such as mining, sealing, and renewable energy, with a presence in Raipur and Bengaluru.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.