Venture Intelligence (TSJ Media Pvt. Ltd.)
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Rockstud Capital launches Rs.300-Cr second AIF
Asset management firm Rockstud Capital has launched its second fund, Rockstud Capital Investment Fund II. The fund aims at a corpus of INR 300 crore (USD 36.4 million) to back pre-Series A and Series A stage startups. It will invest in 25 startups with a focus on digitalisation, sustainability, financial inclusion, consumption, and health and safety. The average ticket size will range between INR 1 crore and INR 10 crore. Its investment thesis will be based around a youth-focused consumption theme. It may lead and further follow a co-investment model to provide growth capital to startups.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.