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Yes Bank invests in 2 Venture Catalysts Group Funds
Yes Bank has invested in Venture Catalysts Group managed Beams Fintech Fund and 9 Unicorns Accelerator Fund Beams Fintech Fund, a CAT II AIF, aims to actively invest in technology companies at growth stages in the fintech space including in the embedded finance, SaaS for banks and FIs, SaaS for businesses, personal finance management and neo-banking. Beams plans to deploy USD 180 million across 10 to 12 investments over the next three years in Series B and C rounds of companies. 9 Unicorns Accelerator Fund, a CAT I AIF, is a sector agnostic VC that aims to disrupt idea stage investing in India. 9 Unicorns has already raised USD 100 million and is deploying from its maiden fund. It invests seed capital of USD 300,000 - 500,000 in the first round, with larger follow-on capital in fast growing deserving portfolio companies.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.