Fund News
Rockstud Capital marks first close of second fund at Rs.68-Cr
Asset management firm Rockstud Capital has marked the first close of its second alternative investment fund (AIF) at INR 68 crore (USD 8.2 million).With a target corpus of INR 300 crore (USD 36 million), Rockstud Capital Investment Fund II, launched in March 2023 to back pre-Series A and Series A stage startups, aims to help companies fund their bridge rounds, scale products and raise capital from institutional investors.The fund focuses on digitalisation, sustainability, financial inclusion, health & safety and consumption. It invests between USD 0.5 million and USD 1 million in pre-Series A rounds.
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