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The VC firm said that its Fund I achieved an MOIC of 11.5X, and has distributed over 3X of the paid-In capital to its limited partners
AdvantEdge’s investment in Rapido alone raked in an internal rate of return of 67% including a 111X return on initial capital
ADV Fund I was launched in 2015, with a target corpus of about $11 Mn, with a focus on seed and early-stage investments. The fund has also backed names like Chalo, Baaz and Zingbus
Mobility-focussed venture…
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.
The VC firm said that its Fund I achieved an MOIC of 11.5X, and has distributed over 3X of the paid-In capital to its limited partners
AdvantEdge’s investment in Rapido alone raked in an internal rate of return of 67% including a 111X return on initial capital
ADV Fund I was launched in 2015, with a target corpus of about $11 Mn, with a focus on seed and early-stage investments. The fund has also backed names like Chalo, Baaz and Zingbus
Mobility-focussed venture…
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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