pi Ventures bags INR 22 Cr for second fund, to invest in early-stage deeptech startups
Shortpedia
Content Team
Image Credit: inc42
Venture capital firm pi Ventures, which is focused on early-stage startups, has raised INR 22 Cr ($2.6 Mn) from Colruyt Group India, the Hyderabad-based IT arm of Belgian retail giant, for its second fund. The VC firm expects to close the second fund later this year in the range of INR 675 Cr to INR 750 Cr. The fund will invest in early-stage deeptech startups across sectors such as blockchain, spacetech, biotech, among others.
