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FundVice sets up $11M VC fund Ryoma Ventures Capital

India Digest: FundVice launches new fund, Groww in talks to raise $100m

FundVice to support startups with Rs 330 crore fund, accelerate 50 deals

Investment banking firm FundVice on Friday said it will support startups in India with a corpus of Rs 330 crore, which includes funding from its new fund Ryoma Ventures. The company has plans to raise up to Rs 250 crore and accelerate at least 50 deals by 2021-end. In addition, Fundvice has announced to set-up a sector-agnostic fund with about Rs 80 crore. We have seen exciting start-ups that are revenue-generating but what they lack is the right support of investors. Various incubators, accelerators and mentors have been supporting the team of FundVice to support start-ups reach the heights they are at, but still lack investors.

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