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Info Edge launches Rs 250 Cr growth-stage investment fund

EntrackrEntrackr · 4h ago
Info Edge launches Rs 250 Cr growth-stage investment fund
Medial

Info Edge has launched a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedicated vehicle for later-stage companies. The new vehicle, called B8 Fund-I, may also raise capital from external sponsors, taking the total corpus beyond the initial Rs 250 crore. Info Edge already operates four early-stage investment platforms. These include Info Edge Ventures, which has raised Rs 2,300 crore across three funds; Capital 2B with a Rs 280-crore corpus; Redstart Labs, focused on AI-led startups; and direct investments from its balance sheet. Through its venture vehicles, Info Edge has backed several startups at early stages, including Gnani AI, Ixigo, Shiprocket, Zingbus, and Truemeds. Through its balance sheet, the company has invested in firms such as Zomato and Policybazaar in their early years. The new Rs 250-crore fund will focus on backing growth-stage, tech-enabled companies in India or those primarily focused on India, the company said in a regulatory filing. Registered with Sebi as a Category II alternative investment fund, the vehicle will have a tenure of eight years from its first closing. In May last year, Info Edge said its shareholders had approved a plan to invest up to Rs 1,000 crore in Info Edge Ventures' third fund as part of its strategy to institutionalize its startup investing platform. The Info Edge Ventures funds are managed in a 50:50 partnership with Singapore’s sovereign wealth fund Temasek. For the quarter ended December 31, Info Edge’s operating revenue rose to Rs 819 crore, while net profit increased 10% year-on-year to Rs 317 crore from Rs 288 crore.

Navam Capital closes maiden fund at Rs 315 Cr

EntrackrEntrackr · 1m ago
Navam Capital closes maiden fund at Rs 315 Cr
Medial

Navam Capital closes maiden fund at Rs 315 Cr Navam Capital has announced the final close of its maiden fund, Navam Venture Fund-I (NVF-I), with the early-stage Category II AIF raising Rs 250 crore and exercising its green shoe option to close at over Rs 315 crore ($35 million). The venture capital (VC) firm has already invested in eight startups and plans to back 15–16 in total. The India-focused fund will back intellectual-property-led deep-technology startups built in India for global markets, spanning areas such as advanced computing, semiconductors, robotics, drone technology, space technology, industrial automation, enterprise AI, climate tech, and materials science. According to Navam Capital, NVF-I has attracted a diversified limited partner base, including technology founders, industrial groups and conglomerates, business operators, and family offices. Launched in 2008 by Rajeev Mantri, the Kolkata-based Navam Capital focuses on early-stage investments in frontier technologies and science-driven innovation. It is largely backed by domestic capital, with commitments from family offices, corporate groups, ultra-high-net-worth individuals, and technology founders. The fund typically writes first cheques of Rs 5–8 crore at the seed and pre-Series A stages, while keeping capital aside for follow-on rounds. The VC firm also selectively participates in Series A and Series B rounds to maintain stage diversity in its portfolio. The fund’s portfolio includes startups working on reconfigurable computing architectures, swarm robotics, multi-sensor satellite imaging, quantum-safe cybersecurity hardware, AI-driven industrial inspection systems, advanced drones, and novel sensing technologies.

ValleyNXT Ventures floats Rs 400 Cr fund to back seed- to pre-Series A startups

EntrackrEntrackr · 12d ago
ValleyNXT Ventures floats Rs 400 Cr fund to back seed- to pre-Series A startups
Medial

ValleyNXT Ventures has launched Bharat Breakthrough Fund–I, a SEBI-registered Category I venture capital fund, with a total size of Rs 400 crore to back seed to pre-Series A startups. In the phase between validation and scale, startups often fail due to fragmented advice, premature scaling pressure, and a lack of execution clarity. Bharat Breakthrough Fund has been designed to address this gap through a unique VC-plus-accelerator model, powered by ValleyNXT’s proven MIB framework—Mentorship, Investment, and Business Connects. Bharat Breakthrough Fund–I is targeting a base corpus of Rs 200 crore, with a greenshoe option of an additional Rs 200 crore, creating a Rs 400 crore fund focused on investing in deep-tech and tech-first startups. The fund will support innovation across sectors including space, defence tech, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation. According to ValleyNXT Ventures, it has already supported multiple early-stage startups through its strong angel network and accelerator-driven investment approach. With a proven track record of evaluating over 5,000 deals and investing in more than 10 promising ventures, the firm has consistently enabled startups with capital, mentorship, and strategic business connections to accelerate growth. The fund is led by an experienced leadership team comprising Nikhil Agarwal, Madhu Vasepalli, Anand Saklecha, and Suresh Goyal, bringing together deep expertise in venture investing, acceleration, governance, and deep-tech innovation.

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