Private Equity Fund News
IndiaQuotient raises $129-M for fifth VC fund
Source Economic Times (opens in a new tab)Investor Announcement (opens in a new tab)
Bengaluru-based early-stage VC firm IndiaQuotient has raised USD 129 million for its fifth fund to back pre-seed and seed-stage companies.The firm is also expanding its leadership team with Kanika Agarrwal and Sahil Makkar joining Anand Lunia, Madhukar Sinha, and Gagan Goyal as partners.IndiaQuotient’s portfolio companies include cosmetics brand Sugar, daily shuttle services provider Cityflo, social network platform ShareChat, and micro-drama and audio series platform KukuFM.