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Venture Catalysts to launch $100-M growth fund

INC42  

Mumbai-based startup incubator Venture Catalysts plans to launch a new growth-stage fund aimed for a corpus of USD 100 million. The fund will invest in D2C, edtech, logistics sectors. The average cheque size is expected to be USD 5 million. Venture Catalysts is an integrated incubator that normally invests USD 200,000 to USD 2 million in early-stage startups. The investments are syndicated with participation from HNIs, family offices, and CXOs. The incubator has made 60 successful exits from startups such as BharatPe, Reliance-backed Fynd, Rooter, and Pee Safe. In 2021, it participated in 207 deals and invested in 178 startups.

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