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Oister Global, Tribe Capital tie up for $500-M secondaries fund

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Gurugram-based Oister Global and US-headquartered venture capital firm Tribe Capital will together launch a secondaries franchise that is USD 500 million in size to invest in India over the next two years.Oister Global had previously backed Blume Ventures and Stride Ventures. It also launched an INR 440 crore fund targeting India’s consumer-driven and emerging technology sectors.Tribe Capital India counts Apollo.io, Shiprocket, Blackbuck, and Docker in its portfolio. It’s reportedly eyeing stake in BatterySmart, Rivigo and Zypp Electric.

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