Private Equity

Fund News

JSW Ventures to raise Rs.500-Cr third fund

Mint  

Mumbai-based JSW Ventures is preparing to raise its third fund, targeting a corpus of INR 400-500 crore. The firm would source the majority of this capital from external investors, including large domestic institutions, family offices, and senior industry executives, while the JSW Family Office would remain the anchor limited partner.It plans to build a concentrated portfolio of 14-16 companies at the Pre-series A to Series A+ stages. The new fund will focus on writing larger cheques, with initial investments projected between INR 10 and 20 crore, alongside reserved capital for follow-on funding rounds.