IvyCap Fund 2 Regis­ters First Close

The Economic Times - - Front Page -

Ven­ture cap­i­tal firm IvyCap Ven­tures has achieved the first close for its sec­ond fund of .₹ 600 crore. The fund raised .₹ 300 crore with spon­sor in­vestor IIT Alumni Trust chip­ping in with .₹ 120 crore, re­ports Payal Gan­guly. In­sti­tu­tional in­vestors from the first fund have also ex­tended their com­mit­ment to the fund. The fund has al­ready in­vested in TaskBob and FT­Cash.

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