Fund News
Venture studio Biome announces first close; commits Rs.100-Cr to build co-founded startups
Hyderabad-based venture studio Biome has completed the first close of its capital raise. The first close brings to the cap table BVR Mohan Reddy, Prasad Yerneni, and Abhinav Reddy, along with the family offices of Raj Phani (Zaggle), Aditya Vuchi, and the family office of the Phoenix Group.Biome has also committed an INR100 crore investment over the next three years to co-found and scale high-impact startups with operational support.Founded in 2023, Biome is led by Srinivas Kollipara, Madhu Poomalil, Kaustubh Patekar, and Zaran Bhagwagar. It originates and co-founds companies.
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