BlueGreen Ventures launches $75 mn maiden fund, expects final close in 2025

Quick Summary:

Venture Capital entity BlueGreen Ventures on Wednesday said it has launched a maiden USD 75 million, about Rs 633 crore, fund for investment in early-stage startups.

The fund has been launched by operators-turned-investors Rajeev Suri and Anup Jain who were managing partners at Orios Venture Partners.

The new fund claims to be backed by Global CEOs and CXOs from Fortune 500 companies, along with successful startup founders from India, the firm said in a statement.

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Category: BusinessFinance

Markets: India

Topics: Funding Venture capitals BlueGreen Ventures Investments Maiden fun

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 14:56:25 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 12 lines

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Copyright Owner: © Business Standard

News ID: 23568674

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