Fund News
Equentis launches $60-M angel fund to back early-stage startups
Equentis Wealth Advisory Services has launched its first Category I Alternative Investment Fund (AIF), targeting INR 500 crore (USD 60 million) to invest in early-stage Indian startups. The Equentis Angel Fund plans to back 40-50 startups over the next 18-24 months, in defence, consumer-tech, deep-tech, logitech, fintech and AI sectors.The fund will target pre-Series A and bridge to Series A rounds, investing between INR 4-10 crore (USD 5,00,000-1.2 million) in companies with a total addressable market of at least INR 8,000 crore.
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