Fund News
Pre-seed focused Ajvc closes maiden fund at Rs.165-Cr
Pune-based Aviral Bhatnagar’s pre-seed-focused venture capital fund, AJVC , has closed its maiden fund at INR 165 crore. The firm had initially sought to raise an INR 100 crore maiden fund, which it closed in March this year. However, it managed to attract large interest and decided to cap the total fund size at INR 165 crore.Ajvc has already backed 25 startups working in the realms of artificial intelligence and consumer technology. The fund aims to invest in 60-70 startups in the coming years.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
