SphitiCap has announced the opening of its first venture fund, which has a $500 million corpus and want to Invest In Seed-Stage Indian Startups.
India’s investment environment is incredibly diversified. They are determined to decentralise the startup movement and offer momentum to founders who are determined to make a difference and address real-world issues in the wake of new enterprises growing up on a regular basis. They put more emphasis on value than valuation because they are an India-based, sector-neutral company.
SphitiCap focusing on investments in businesses that adhere to the principles of sustainability, growth, and impact. The fund’s whole corpus is $500 million. With a clear exit strategy, the organisation seeks to prioritise sustainable profitable growth. According to a statement from the company, it sets the bar for Indian enterprises by effortlessly and effectively integrating investor trust and large-scale capital raise ecosystems.
SphitiCap is an early-stage sector-neutral fund with a focus on India that predominantly invests in 10 industries. It was created with the goal of becoming a prominent early-stage fund with creative strategies, a strong founder network, and a capable team. It was built on a solid foundation of fostering growth among the most inventive businesses in industries that are frequently ignored or undervalued.
Read more blogs from SpotSaaS:
Zenskar has raised $3.5 million.
IriusRisk has raised a $28.7 million Series B.
ZenHR has secured $10 million.
IriusRisk has raised a $28.7 million Series B.
