IAN Group to deploy entire entire USD 100 mn IAN Alpha Fund by 2027

IAN Group to deploy entire entire USD 100 mn IAN Alpha Fund by 2027

New Delhi, Dec 10 (PTI) Venture capital platform IAN Group announced the final closure of its USD 100 million, about Rs 871 crore, which its plans to completely deploy in the early-stage startups by 2027, the firm said on Wednesday. Since its launch, the fund has already invested in 10-12 pioneering startups, many of them led by first-generation founders based across India, including Tier-II and Tier-III cities, IAN Group said in a statement. "I…

IAN Group Marks Final Close Of IAN Alpha Fund At $100 Mn

Early-stage investment platform IAN Group (formerly India Angel Network) has marked the final close of its second VC fund, IAN Alpha Fund, at $100 Mn (INR 900 Cr), over three years after announcing the same.  The limited partners (LPs) that invested in the fund include government entities like Sidbi managed Fund of Funds for Startups, Self Reliant India Fund, ACE Fund, Odisha Startup Growth Fund, Nabventures’ Agri Sure Fund of Funds Scheme along…

IAN Group Announces Final Close of its Second VC Fund IAN Alpha Fund with US$100 Mn

IAN Group, the country’s single largest early-stage investment platform, has announced the final close of its 2nd VC Fund - IAN Alpha Fund with US$100 million. The Fund will invest in early-stage companies / MSMEs with strong founders, solving real problems, leveraging technology and innovation, including those aligned to India’s national strategic imperatives. While deep tech remains at the heart of its investment thesis, the IAN Alpha Fund fol…