ETtech Graphic: Rahul AwasthiSTARTUP ROCKSTARS IN 2021 Sign-in to see our list of the most promising startups of 2021 SIGN INThank You! For being a subscriber of ETtech Top 5 newsletter. Here is your chance to spread the word & win exclusive rewards! “We raised our fund in 2020-2021 and expect to return around 25% of the fund assets under management (AUM) by the end of FY22. When you have a tiny fund you run out of money to maintain your ownership as a company progresses,” he said.Other seed-stage funds in India include 9Unicorns, which recently said it had closed its first accelerator at $40 million (about Rs 298 crore) in April.It invests in various sectors including Deep Tech, B2B SaaS, media, FMCG, fintech.

Source: Economic Times December 02, 2021 17:50 UTC