35North Ventures has successfully secured INR 100 crore in the initial phase of its India Discovery Fund II.
The fund aims to build a total corpus of INR 500 crore, with an additional INR 100 crore greenshoe option.
The venture capital firm intends to invest in 30 to 40 companies, with individual investments ranging between INR 5 crore and INR 10 crore.
This new fund will support the growth of emerging businesses across various sectors, leveraging 35North’s extensive industry experience and network.
