3one4 Capital Raises Rs 1000 Cr for its third fund

3one4 Capital Raises Rs 1000 Cr for its third fund

Early-stage VC company 3one4 capital has raised Rs 1000 billion for its third flagship fund from CDC Group, Japan-India Fund-of-Funds, Nippon India Digital Innovation AIF (NIDIA) and South Korean video game giant KRAFTON.

Prominent Indian foundations like Catamaran, Premji Invest, as well as some large domestic banks, manufacturing, insurance and financial services companies have also bet on the Bengaluru-based company.

The fund will be used to build a portfolio of 25-30 early stage startups for each fund in sectors such as saas, enterprise automation, fintech, d2c, digital media and deep tech startups.

Read More 3one4 Capital Raises Rs 1000 Cr for its third fund at Trickypedia.

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