With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups
Current Affairs:Beginning time funding firm Venture Highway on Thursday said it has raised $78.6 million for its subsequent store concentrated on innovation seed interests in India. The new raise will be utilized for new interests in 30 beginning time organizations over the life of this store.
Sponsored by famous financial specialists from Silicon Valley, the normal check size for this store is relied upon to be $1 million.
“We are amazingly energetic about exhorting innovation business visionaries construct their organizations with our neighborhood and worldwide systems,” said Samir Sood, Founder, Venture Highway.
Sood, who is a previous top Google official, established the Delhi-headquartered subsidize with Neeraj Arora, previous Global Business Head at WhatsApp, in 2015.
With portfolio organizations, for example, Meesho, Sharechat, Moglix, and Cars24, the beginning period venture firm has so far put resources into 20 new businesses.
“We will likely offer back to our nation’s beginning period environment and we keep on being very amped up for the nature of the present age of business visionaries assembling huge organizations out of India,” said Sood.
Aditi Mehta 