News on Medial

Mumbai-based Cornerstone Ventures launches second fund worth $200M for B2B tech startups

IndianStartupNewsIndianStartupNews Ā· 7m
Mumbai-based Cornerstone Ventures launches second fund worth $200M for B2B tech startups

Mumbai-based venture capital firm, Cornerstone Ventures, has launched its second investment fund with a target size of $200 million. The fund aims to support emerging B2B tech startups in various sectors, including financial services, retail, healthcare, and core technology innovations. The ticket size for investments will range from $5 million to $15 million. Cornerstone Ventures' previous fund has already invested in 21 portfolio companies focused on B2B enterprise software-as-a-service models, which have experienced significant growth. The new fund will prioritize investments in startups that enhance core business processes and have the potential for multiple revenue streams.

Comments

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