Lifesciences fund IXP launches maiden Rs 200-crore fund to fuel biotech innovation

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IXP, a lifesciences VC backed by JV Ventures, plans to raise Rs 200 crore through its maiden fund to invest in early-stage companies.

The fund aims to build a portfolio of business-to-business (B2B) companies ranging from pre-seed to series A stages. The IXP Lifesciences Catalyst Fund has a greenshoe option of Rs 100 crore with an investment horizon of 3-5 years targeting an internal rate of return (IRR) of 22 percentage and above.

“IXP was born out of a need we saw in the Indian start-up ecosystem. In fact, we conducted a pan-India survey to…



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Lifesciences fund IXP launches maiden Rs 200-crore fund to fuel biotech innovation


IXP, a lifesciences VC backed by JV Ventures, plans to raise Rs 200 crore through its maiden fund to invest in early-stage companies.

The fund aims to build a portfolio of business-to-business (B2B) companies ranging from pre-seed to series A stages. The IXP Lifesciences Catalyst Fund has a greenshoe option of Rs 100 crore with an investment horizon of 3-5 years targeting an internal rate of return (IRR) of 22 percentage and above.

“IXP was born out of a need we saw in the Indian start-up ecosystem. In fact, we conducted a pan-India survey to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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