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Former 100X.VC Partners Float 247VC’s INR 250 Cr Fund

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SUMMARY

The fund, a SEBI-registered Category II AIF, has a primary corpus of INR 200 Cr along with an INR 50 Cr greenshoe option

The fund’s focus will be on four major themes – consumption, deeptech, enterprise tech, and industry 5.0

247VC plans to invest in 30 startups over the next three years

Former 100X.VC partners Shashank Randev and Yagnesh Sanghrajka have together launched VC firm 247VC and unveiled its first fund with a target corpus of INR 250 Cr ($30 Mn).

The…

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