Fund News

GrowthCap Ventures makes first close of maiden fund at Rs.20-Cr

Inc42  

GrowthCap Ventures, an early stage venture capital fund floated by former chief business officer of BharatPe Pratekk Agarwaal, has marked the first close of its maiden fund at INR 20 crore. The firm aims to deploy the funds in startups operating in the fintech, deeptech and software-as-a-service (SaaS) sectors. It seeks to back 10-12 startups (from seed to pre-Series A) with an average ticket size of INR 2-6 crore in the next 20 months.

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