SAIF raising $400 Mn for its new India-focussed fund
Image Credit: shortpedia
SAIF Partners, an early backer of unicorns like Paytm and Swiggy plans to raise $400 Mn for its new India-dedicated fund. These plans come a little over two years after it closed a previous fund and will take its assets under management to over $1 Bn. The new fund will be larger than its previous three funds, which have consistently been $350 Mn. SAIF has closed about six investments this year across sectors.