9Unicorns Announces Third Close Of Maiden Fund At $40 Mn
India, April 16 -- Mumbai-based incubator and early stage startup fund 9Unicorns announced the third close of its first accelerator fund at over INR 300 Cr or $40 Mn with more than 36 additional LPs - industrialists and businesses hailing from India and across the globe. The fund intends to write its first check to 150 startups from various tech sectors through the capital raised over the next year.
Operated by early stage VC Venture Catalysts, the 9Unicorns fund's third close included key players and limited partners (LPs) such as Indian Bank, Chona Family Office, among others.
The fund announced its first close at INR 100 Cr ($14 Mn) in September last year. In February this year, the fund closed its second round with participation fro...
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