Unicorn India to close $15m maiden fund by March-April

Unicorn India to close $15m maiden fund by March-April

Anil Joshi, managing partner, Unicorn India Ventures

Unicorn India Ventures, a Mumbai-based early stage technology-focused venture fund, is expecting to close its maiden fund Unicorn Venture Fund – I with a corpus of Rs 100 crore ($15 million) by March-April 2016, a top executive told DEALSTREETASIA.

According to VC firm’s managing partner Anil Joshi, it has received commitments for the remaining amount of Rs 60 crore and is working on closing the documents.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter