Fund News
Inflexor Ventures marks first close of Rs.350-Cr Opportunities Fund at Rs.280-Cr
Technology-focused venture capital firm Inflexor Ventures has marked the first close of its Opportunities Fund at INR 280 crore (USD 33.73 million). It has attracted additional capital from domestic limited partners (LPs), including HNIs (high networth individuals), family offices, corporates and institutions.The INR 350 crore Opportunities Fund will acquire the entire investment portfolio of Inflexor’s first fund, generating returns for existing investors, including IDFC Ltd and Sumankant Munjal Family Office through a portfolio sale. The fund plans to allocate part of its corpus over the next 3-5 years to maintain or increase stake in these portfolio companies.Inflexor currently claims to manage INR 1,000 crore in assets and has invested in 26 technology companies.Founded by Venkat Vallabhaneni, Jatin Desai, and Pratip Mazumdar, Inflexor focuses on early-stage technology startups across sectors. The firm typically invests between INR 5-20 crore in seed to Series A rounds.
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