India: Exfinity closes second fund at $45m; to focus on AI, IoT

India: Exfinity closes second fund at $45m; to focus on AI, IoT

Enterprise technology-focused venture capital firm Exfinity Venture Partners has closed its second fund at Rs300 crore from a clutch of family offices, industrial houses and high net-worth individuals, including Rakesh Jhunjhunwala, India’s best-known stock market investor, said a senior executive at the firm.

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