IvyCap Fund 2 Registers First Close
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.