Fund News

White Whale Ventures makes first close of Rs.250-Cr secondaries fund

Mint  

Mumbai-based White Whale Ventures has completed the first close of its INR 250 crore domestic secondaries fund. The fund is backed by domestic family offices, entrepreneurs, senior professionals, investment bankers, and promoters of listed companies.White Whale's fund is sector-agnostic, with approximately half of its deployments expected in consumer and financial services. The firm aims to complete the final close of its fund within 12-18 months. It has invested in Gurugram-based Blue Tokai Coffee Roasters and Mumbai-headquartered consumer appliances firm Atomberg Technologies.

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