Fund News

GVFL announces first close of Rs.500-Cr tech-focused fund at Rs.185-Cr

INC42  

Gujarat-based venture capital firm Gujarat Venture Finance Ltd (GVFL) has announced the first close at INR 185 crore for its ninth fund, which has a corpus of INR 500 crore. The Category-II Alternate Investment Fund (AIF) plans to invest the amount in startups in edtech, healthtech, agritech, biotech, and consumer business segments.

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