Indian IT firms are seeing rapid growth in new geographies amid a slowdown in their established North American market. More on this in todays ETtech Top 5.
Stride Ventures closed a $165 million third fund, supported by various entities. The fund focuses on consumer and financial services sectors, with Apoorva Sharma explaining the adjustment from the initial $200 million target.
Capria Ventures concluded the Rs 153 crore fundraising for the India Opportunity Fund. The fund, which had invested in Awign in February last year, will return more than 20% of the invested capital to its limited partners or sponsors in funds.