Former Cafe Coffee Day CEO Naresh Malhotra launches ₹50 crore early stage fund
The fund is looking to invest in startup that work in the space of artificial intelligence, with ticket size ranging between ₹1-3 crore.
The fund is looking to invest in startup that work in the space of artificial intelligence, with ticket size ranging between ₹1-3 crore.
The fund will have an investment horizon of around 7-8 years and the average ticket size would be around ₹20 crore.
HDFC Bank has launched a startup fund with an initial corpus of around ₹195 crore ($30 million), aimed at helping startups to raise capital.