Cedar-IBSi Capital Wraps Up 60% Of INR 175 Cr Maiden Fund

Share via:


SUMMARY

Cedar-IBSi Capital has closed 60% of its maiden INR 175 Cr ($20 Mn) fund, mopping up INR 100 Cr (around $11 Mn) so far

The VC firm further said that other investors have pledged INR 10-15 Cr towards the investment vehicle

The fund aims to invest in 15-20 startups catering to the B2B fintech ecosystem with an initial ticket size ranging from $500K to $1 Mn

Fintech-focused venture capital firm Cedar-IBSi Capital claims to have closed 60% of its maiden INR 175 Cr ($20 Mn)…



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.

Popular

More Like this

Cedar-IBSi Capital Wraps Up 60% Of INR 175 Cr Maiden Fund


SUMMARY

Cedar-IBSi Capital has closed 60% of its maiden INR 175 Cr ($20 Mn) fund, mopping up INR 100 Cr (around $11 Mn) so far

The VC firm further said that other investors have pledged INR 10-15 Cr towards the investment vehicle

The fund aims to invest in 15-20 startups catering to the B2B fintech ecosystem with an initial ticket size ranging from $500K to $1 Mn

Fintech-focused venture capital firm Cedar-IBSi Capital claims to have closed 60% of its maiden INR 175 Cr ($20 Mn)…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Prime Video: The 15 Absolute Best Movies to Watch

Here are some highly rated films to watch, plus...

Samsung’s latest Odyssey gaming monitor has a 32-inch 6K...

Ahead of CES 2026, Samsung has unveiled a number...

Popular