Seed stage focused 247VC launches India fund, targets Rs.200-Cr corpus

Mumbai-based seed-stage VC firm 247VC , founded by (former 100X.VC executives) Yagnesh Sanghrajka and Shashank Randev, has launched its India Fund I, with a corpus of INR 200 crore and a greenshoe option of INR 50 crore.The firm will look to invest in 30 startups in the next three years across four themes: consumption, deep-tech, enterprise tech, and Industry 5.0.