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Facebook Cofounder Eduardo Saverin’s B Capital closes $820 Million Fund II

Shortpedia

Content Team

US and Singapore-based investment firm B Capital has announced the final close of its second fund at $820 Mn (INR 6,192 Cr) to invest in growth-stage startups. Founded by Facebook cofounder Eduardo Saverin and Silicon Valley investor Raj Ganguly in 2014, B Capital typically invests $10 Mn to $60 Mn in B2B and B2B2C companies across sectors such as enterprise tech, fintech, healthtech, consumer tech, transportation and logistics.