News From Press Unicorn India Ventures launches Rs600 crore debt fund

Unicorn India Ventures launches Rs600 crore debt fund

Source: Mint Nov 21, 2017

Unicorn India Ventures, an early-stage venture capital fund, has launched its maiden debt fund with a corpus of Rs600 crore ($93 million), the company said on Monday.

The fund will look to invest in about 10 companies a year, with an average ticket size of Rs20 crore. Unicorn India Ventures was founded in 2016 by Anil Joshi and Bhaskar Majumdar.

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