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December 22, 2020
Hyderabad-headquartered SucSEED Indovation, an Alternative Investment Fund (AIF-1) venture capital angel fund, on Tuesday announced the first closure of its maiden Rs 100 crore fund by raising Rs 40 crore. Through this fund, SucSEED aims to support over 50 startups till they become large enterprises over their 3-stage funding thesis. Vikrant Varshney, co-founder & managing partner of the find said that angel investors, CXOs in large domestic and global enterprises, family offices, and few fa...
December 21, 2020
India: SucSEED hits first close of maiden fund, makes three new bets Team SucSEED Premium Early-stage investment firm SucSEED Ventures Monday announced that it has reached the first close of its maiden fund at about $5.4 million (Rs 40 crore), and made three new investments. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out...
December 21, 2020
SucSEED Indovation Fund announces first closing of Rs 100 Cr fund, backs three new startups The fund said it will invest in tech innovation for Indias mass needs, and works closely with early-stage tech incubators like IIITH CIE and IITM to support, invest in their tech-enabled startups. It is targeting 20+ investments year-over-year. 0 claps SucSEED Indovation, the SEBI-registered alternative investment and venture capital angel fund, on Monday announced the first closure of its maiden Rs 100...
December 21, 2020
SucSEED raises ₹40 crore, anounces first close of debut fund December 21, 2020 To invest in 50 start-ups in 3 years SucSEED, a venture capital angel fund, has raised ₹40 crore, with a few angel investors, top corporate executives, family offices and family Trusts participating in this round. This is part of the ₹100-crore maiden fund that SucSEED plans to build to invest in start-ups quite early in their journey. The fund addresses the under-served formal fund needs of seed-stage tech st...