Venture Intelligence (TSJ Media Pvt. Ltd.)
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Z3Partners makes final close of fund at Rs.550-Cr
Venture Capital firm Z3Partners has announced the final close of its fund at INR 550 crore. The fund will primarily invest in 8-10 early growth, digital and tech startups, across Series A-B stages, with a ticket size of INR 50 to 80 crore. Global and domestic institutions and family offices, including HDFC Life and SIDBI, have participated in the fund. The fund targets SaaS, fintech, ecommerce, B2B commerce, agritech, big data, and consumer tech. It has already made five investments – cybersecurity startup Cyfirma, social e-commerce firm DealShare, agri-tech platform Gramophone, logistics management firm Shipsy, and AI-led celebrity engagement platform TrueFan. Z3Partners also announced that Rishi Maheshwari will be joining as Co-founder & Managing Partner. He has over 18 years of investment management and investment banking experience across the US, India and emerging markets.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.