Fund News

JSW Ventures to raise Rs.450-Cr for third fund

Economic Times  

JSW Ventures , the venture capital (VC) arm of the Mumbai-based conglomerate JSW Group, is looking to raise INR 400-450 crore from domestic investors for its third investment fund.JSW Ventures focuses on tech startups across consumer, healthcare, enterprise, sustainability, agriculture and financial services. Beyond capital, it offers strategic guidance, operational support and access to the broader JSW Group.Its second fund - of INR 300 crore - was launched in 2020. Investments from this fund include a follow-on in beauty e-commerce platform Purplle and bets on dermatology-focused healthtech startup Cureskin, pet care brand Vetic and agritech platform Growcoms.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.