Fund News

IndiGo Ventures makes first close of debut fund at Rs.450-Cr

The Hindu  

Gurugram- based IndiGo Ventures, the corporate venture capital arm of air carrier IndiGo, has made the first close of its maiden fund at INR 450 crore.Launched in August 2024 to raise INR 600 crore, IndiGo Ventures is focused on investing in early-stage startups driving innovation in aviation and allied sectors. The fund targets companies at the pre-Series A to Series B stages, with an emphasis on long-term strategic alignment.

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