Chiratae raises ₹1k cr for maiden growth fund
The sector-agnostic growth stage fund was oversubscribed by 34%. It will target technology startups looking to secure Series C or later stage funding, as well as new opportunities.
Early-stage investor Chiratae Ventures (formerly IDG Ventures India) has announced the final close of its maiden growth fund at ₹1,001 crore. The fund’s initial target was to raise ₹750 crore.