Venture Intelligence (TSJ Media Pvt. Ltd.)
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HDFC Life Invests In Z3Partners Tech Fund
Insurer HDFC Life has invested in Z3Partners Tech Fund, a technology and digital startups focused venture capital fund. Z3 Partners, which is aiming for a corpus of INR. 500 crore, has already backed startups such as Cyfirma, DealShare, Gramophone, Shipsy, and True-Fan. The fund announced its second close of INR 250 crore last year and claims to be on track to achieve the final close this year. Z3Partners invests in early growth tech and digital startups focused on growth and proven unit-economics which are servicing large addressable markets. The fund has a ticket size of INR 35-80 crore.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.