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Venture Capital

Opic Ties Up With Iron Pillar To Launch Vc Programme In India | Business Standard News

by business-standard.com posted 8months ago 30 views
The Overseas Private Investment Corporation (OPIC), the US government's development finance institution, Friday announced the launch of a venture capital programme in India in partnership with Iron Pillar. OPIC will typically commit between USD 5 million and USD 25 million, or up to 25 per cent of a fund's total capitalisation, and the programme will invest in later stage venture funds supporting developing economies, according to OPIC executive vice-president David Bohigian.

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