Fund News

Prime Venture Partners' Fund IV closes at $120-M

Business Standard  

Prime Venture Partners, an early-stage India-focused venture capital fund, has made the final close of its fourth fund of USD 120 million. The fund was oversubscribed and has exceeded its target of USD 100 million in commitments. It will invest in disruptive technology companies across fintech, edtech, healthtech, consumer internet and global SaaS. In addition, Prime has also expanded its portfolio into new areas such as EVs, B2B, Web3 and gaming infrastructure platforms. With this closing, the new fund takes the total capital under management across all Prime VP funds to over USD 250 million.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.