India Digest: FAAD gets Sebi's nod for $36m AIF; Java launches $9m fund
Java has already invested in four companies from this fund and plans to build a portfolio of 15-20 startups.
Stay updated with breaking news from Java Capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Java has already invested in four companies from this fund and plans to build a portfolio of 15-20 startups.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Uniindia: Mumbai, Dec 12 (UNI) Java Capital, a seed stage focused SEBI registered Alternate Investment Fund (AIF)said it has launched its first fund with a corpus of Rs 75 crore including a greenshoe option of Rs 25 crore.
Java Capital said that the fund has achieved its first closure at INR 30 Cr and expects a final closure in the next six months
Lendingtech startup Yellow Metal has reportedly secured over $3 Mn (INR ) in its seed funding round led by MSA Capital