News on Medial

Related News

Cedar-IBSi Capital onboards institutional investors and family offices ahead of final close

EntrackrEntrackr · 5h ago
Cedar-IBSi Capital onboards institutional investors and family offices ahead of final close
Medial

Snippets Cedar-IBSi Capital onboards institutional investors and family offices ahead of final close FinTech specialist investor Cedar-IBSi Capital, focused on B2B financial infrastructure companies, has secured strong backing from leading institutional investors and over 20 family offices as it prepares to close its debut fund in the coming months. The fund has raised commitments worth Rs 100 crore with additional soft commitments worth Rs 10–15 crore and is confident of marking a Final Close in the coming months. Cedar-IBSi Capital’s institutional investors include Muthoot Finance, IIFL Capital, and an undisclosed Middle East royal family entity to be announced soon. Family office backers include Apar Industries, Varroc Engineering, the Taparia family, Dr. Reddy’s family office, among others. The fund has drawn strong interest from tier I institutions and prominent family offices due to its FinTech specialist expertise, the strategic advantages of co-investment opportunities, deep ecosystem access via the wider Cedar platform. The fund invests in Pre-A and A rounds, typically coming in as the first institutional investor. Initial investment cheques range between $500k–$1 million, with sufficient reserves kept for follow-on investments beyond simple pro-rata. Cedar-IBSi Capital aims to build a portfolio of 10–15 companies over the life of the fund. So far, it has invested in Cogniquest, an intelligent document processing company, and WonderLend Hubs, a cloud-based incentive compensation software provider. A third investment will be announced soon, with the fund actively evaluating multiple opportunities in the AI-for-Financial-Services space. Founded in 2024 by Sahil Anand, Cedar-IBSi Capital is an independent FinTech-focused investment fund built on the legacy of Cedar Consulting and IBS Intelligence’s global research and management consulting expertise. The fund invests in B2B FinTech companies developing software infrastructure for the global banking and financial services industry.

Download the medial app to read full posts, comements and news.