Venture Intelligence (TSJ Media Pvt. Ltd.)
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Piper Serica Angel Fund raises Rs.100-Cr
Piper Serica Angel Fund has achieved its target corpus of INR 100 crore and is now exercising the green-shoe option for raising another INR 25 crore by the end of June. It has already made 12 investments, with 4 more investments currently undergoing the due diligence process. Piper Serica is in talks to invest in companies in the space of cybersecurity, climate control, upskilling, overseas student accommodation, rural finance, AI-enabled banking solutions and ad fraud detection. The fund has already invested in ALTMobility, an EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users; Castler, an escrow platform; Floworks, an AI-enabled sales team assistant; Crediwatch, an information intelligence platform; Zippee, a physical network of dark stores; Driffle, a marketplace for gamers; and Oditly, a SaaS application enabling businesses in quality, safety, and compliance processes.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.