Venture capital firm PeerCapital has completed the first close of its maiden fund at about Rs 300 crore ($37.5 million), while B2B natural fibre startup ReshaMandi is in advanced talks with private equity firms to raise $60 million.
PeerCapital hits first close at $37.5m
PeerCapital has completed the first close of its maiden fund at about Rs 300 crore ($37.5 million), according to media reports.