Fund News

Inflexor Ventures looks to raise Rs.1,700-Cr for third fund

Business Standard  

Hyderabad-headquartered early-stage venture capital firm Inflexor Ventures aims to raise INR 1,200-1,700 crore for its third fund which will focus on expanding its investment in technology-related sectors.Inflexor invests in companies from seed to Series-A+ stages. The fund will focus on startups in healthtech, fintech, consumer-tech, clean-tech, edutech, deeptech and agritech.Inflexor typically invests between USD 1-2 million in seed stage deals and USD 3-4 million in Series A rounds, with total exposure to a company reaching up to USD 8-10 million over its lifecycle.The company’s first fund was valued at INR 75 crore and the second one raised more than INR 600 crore. The two funds have supported 25 companies, with three successful exits.

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