New Delhi, Sept. 26 -- Zeropearl VC, a solo GP-led pre-seed and seed fund founded by investor Bipin Shah, has closed its maiden corpus at Rs.159 crore (about USD 18 million). The fund was oversubscribed more than 3.5 times its original Rs.80 crore target, with commitments reportedly exceeding Rs.280 crore before Shah chose a disciplined final close at Rs.159 crore.

The fund positions itself to back early-stage startups with a conviction-led, high-selectivity approach. Zeropearl plans to invest in roughly 45 startups across sectors and has already backed 20 companies, seven of which the fund has publicly disclosed: Gully Labs, Cura Care, Zanskar, Catalogus, Akinna, Supply6 and Tryo. The firm says it evaluates more than 800 pre-seed opport...