Early-stage investor 3one4 Capital has raised ₹1,000 crore for its third flagship fund from both domestic and international institutional investors. The venture capital (VC) firm had started raising its third flagship fund in 2020. It was set up by Pranav and Siddarth Pai, founding partners of 3one4 Capital, and counts Licious, Loantap, Koo and Darwinbox as its portfolio firms. The fund has also raised capital from a few large domestic banks and manufacturing, insurance and financial services companies. On the governance front, we are now the first approved UN PRI signatory from India,” said Pranav Pai, founding partner, 3one4 Capital.

Source: Mint November 15, 2021 00:07 UTC