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.