It plans to invest this money in 20-25 consumer-focused startups at the pre-seed stage across sectors. Investments will be in the range of Rs 50 lakh to Rs 2 crore. The fund is expected to close within the next three to four months. This development comes amid a wave of new domestic funds and micro venture capital firms emerging in India, which are backing startups at very early stages with smaller cheques compared to established VC firms. Read The Rest at :
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