IAN Group Marks Final Close Of IAN Alpha Fund At $100 Mn

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SUMMARY

IAN Group (formerly India Angel Network) has marked the final close of its second VC fund, IAN Alpha Fund, at $100 Mn (INR 900 Cr)

With the fund, the investment firm will continue to back early-stage tech companies as well as expand its portfolio in the MSME category

The SEBI Category-II fund was unveiled in 2022 with a target corpus of INR 1,000 Cr and it has backed 10-12 startups

Early-stage investment platform IAN Group (formerly India Angel Network) has marked the…



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IAN Group Marks Final Close Of IAN Alpha Fund At $100 Mn


SUMMARY

IAN Group (formerly India Angel Network) has marked the final close of its second VC fund, IAN Alpha Fund, at $100 Mn (INR 900 Cr)

With the fund, the investment firm will continue to back early-stage tech companies as well as expand its portfolio in the MSME category

The SEBI Category-II fund was unveiled in 2022 with a target corpus of INR 1,000 Cr and it has backed 10-12 startups

Early-stage investment platform IAN Group (formerly India Angel Network) has marked the…



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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