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Chiratae Ventures Closes Fourth Fund At $337M - The Economic Times

by economictimes.indiatimes.com posted 1month ago 3 views
Mumbai: Chiratae Ventures, a homegrown tech-focused venture capital firm, has closed its fourth fund at $337 million, higher than the targeted corpus of $275 million, on better-than -expected response from investors.It had raised $150 million towards the first close of the fund two years ago.The firm, which has backed startups like Myntra, Lenskart, FirstCry and PolicyBazaar, is among the few large domestic funds with a large rupee capital.“We have raised over half of the fund from domestic investors including family offices and industrial families from India, just like all our previous funds.

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