Private Equity Fund News
Kriscore Capital gets Rs.50-Cr commitment for new micro-VC fund
Source Mint (opens in a new tab)
Mumbai-based micro-venture capital firm Kriscore Capital , started by former Lazard India chairman K Balakrishnan, has received INR 50 crore in commitments from family offices and high net worth individuals for its new fund.The fund, which has already made its first investment, will back pre-seed and seed stage startups focussed on digital consumers, with cheques ranging between USD 300,000 and USD 500,000.