BLinC Invest launches ₹100-cr SEBI-registered fund, achieves first close of ₹30 crore
April 19, 2021 Will invest in edtech and fintech companies Mumbai-headquartered venture capital firm BLinC Invest announced the launch of a ₹100-crore SEBI registered Category-II Alternative Investment Fund (AIF) and its first close of ₹30 crore. The fund will achieve its final close before the year-end. An AIF is any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, for inves...
Source: thehindubusinessline.com