Tech
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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