Venture Intelligence (TSJ Media Pvt. Ltd.)
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Fundamental VC launches maiden fund; targets corpus of $130-M
Early-stage venture capital firm Fundamental VC has launched its maiden fund with a target corpus of USD 130 million. The sector-agnostic fund will invest in pre-seed and seed rounds across consumer internet, healthcare, insurance, financial services, Software as a Service (SaaS), gaming, and artificial intelligence. The fund will invest up to USD 1.5 million in each startup. It aims to support 30 startups over two years. Fundamental's maiden fund is backed by an equal mix of domestic and international Limited Partners (LPs) from geographies such as Singapore, Middle East, and the US. The investors comprise unicorn founders, high net-worth individuals, family offices, and senior technology executives.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.