India: Mantra Capital floats $60m fund for tech startups

India: Mantra Capital floats $60m fund for tech startups

Photo: Pixabay

US-based venture capital firm Mantra Capital Wednesday announced the launch of a $60-million fund that will focus on investing in tech-enabled startups based in India and internationally.

The fund – launched by three veteran entrepreneurs Jay Krishnan, Srikanth Chintalapati and Kevin Jacobs – will back technology-powered startups with interests spanning agritech, food, sustainability, circular economy, and healthcare sectors, Mantra Capital said in a statement.

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