IDG Ventures India to raise a new $200m fund

IDG Ventures Team (from left): TCM Sundaram, Sudhir Sethi, Ratan Tata, Karthik Prabhakar and Venkat. Photo sourced from IDG Ventures website.

Venture capital firm IDG Ventures is raising a new fund of about $200 million (Rs 1,300 crore), marking an over two-fold increase in the corpus it raised less than a year ago, as per a report in The Economic Times.

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