India, July 9 -- JSW Group's VC arm JSW Ventures is reportedly planning to launch its third fund to raise between INR 400 Cr to INR 450 Cr (about $47 Mn to $52 Mn) from domestic investors.

This comes as the VC firm has fully deployed its INR 300 Cr second fund, a report by ET said.

Launched in 2020, the second fund saw participation from family offices and institutions like SIDBI, NABARD and the family office of Ranjan Pai.

Queries sent to JSW Ventures managing partner Sachin Tagra didn't elicit any response till the time of publishing this story.

Founded in 2016, JSW Ventures is an early stage-focussed investor which backs Indian founders who are building scalable technology-led solutions in sectors such as fintech, agritech, consume...