Venture Capital
Early-stage venture capital fund Mantra Capital announced that it has raised $24 million for its maiden fund. The final close for the $60 million Atlanta, US-headquartered fund is likely to be concluded by summer 2020, said a key executive. The venture capital firm, which was officially launched on Wednesday, is founded by former CEO of Hyderabad-based startup incubator T-Hub Jay Krishna, former director of operations at digital lending platform CASHe and COO at Aeries Technology Group Srikanth Chintalapati and former vice president of mergers and acquisitions at Epiq Kevin Jacobs.