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Friday, July 6, 2012 - 14:01 IST
IvyCap Ventures’ debut fund makes first close at $19M; investing $4.5M in two companies
BY Megha Arora
The fund, which is targeting ventures of IIT and IIM products, is looking to raise $36M with a greenshoe option to take it up to $72M.
IvyCap Ventures Advisors, started by former Ajay Piramal Group executive Vikram Gupta, has made a first close for its debut fund IvyCap Ventures Trust Fund - I, at Rs 105 crore ($19 million) and is set to invest...
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