VC firm Pavestone raises Rs 816 Cr for technology fund

Quick Summary:

The investors in the fund include the likes of Self-Reliant India (SRI) Fund, the family office of Mankind Pharma promoters, and Colruyt Group India, among others.

On the VC firm’s focus of B2B startups, Sridhar Rampalli in an earlier interaction with YourStory said, “We understand the pain and nuances of building a large-scale, complex, and right-price platform business, both from the product and business perspective.

Additionally, the fund will also selectively back early-stage ventures working on high-impact technologies.

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Article Details

Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: India

Topics: Fund Terms Crore Investors Privacy Pavestone India Policy Firm Information Technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 13:35:21 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 250 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 23586224

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Official Website: yourstory.com

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