Early-stage VC firm SRI Capital bags $45.2m so far for $100m maiden fund

Photo: Reuters

SRI Capital, the early-stage venture capital firm that invests in startups mostly based in India and the US, has so far raised $45.2 million for its maiden $100-million tech-focused VC fund, according to its SEC filing.

The fund will typically invest $1 million to $3 million in a startup, with the potential to invest in future rounds to support the growth of the company. It expects to complete six to eight investments annually, the firm said in a statement during the launch of the fund last year.

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