Early-stage angel VC firm Peaceful Progress Fund closes first fund at Rs 50 Cr

Quick Summary:

The SEBI-registered CAT-I AIF has invested in 22 startups across industries and aims to expand its portfolio with 25 more in three years.

Meanwhile, in the non-tech sectors, it focuses on FMCG startups operating on B2B, B2B2C, B2C, and D2C models, and mobility including electric vehicles, drones and spacetech.

Its focus areas in the tech-enabled domain include AI, ML, IoT, VR, and MR.

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Article Details

Author / Journalist: Abha Warrier

Category: StartupsEconomyBusiness

Markets: India

Topics: Terms Startups Progress Privacy Industries Mobility Fund Peaceful Policy Information Partners

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 12:51:39 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 203 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 25604553

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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