Fund News

OTP Ventures aims at first close of debut fund at Rs.400-Cr

Inc42  

Former BharatPe CEO Suhail Sameer-backed OTP Ventures is planning to mark the first close of its debut fund at INR 400 crore by June. Founded in 2023, OTP Ventures is an early stage fund which Suhail Sameer co-founded with FoodPanda’s former managing director Kunal Suri and video commerce app Simsim’s co-founder Saurabh Vashishtha.The fund will support startups in the consumer, consumer tech and fintech sector. The firm counts Rupeek, Traya, Fable Street, abcoffee, and NatHabit among its existing portfolio companies.

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