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BLinC Invest team has successfully invested over Rs 300 crore in leading 25 companies to help them build products and scale their member base, , BLinC Invest, Fund II ....
April 28, 2021 Investors willing to back ventures that have good track record and offer good returns Indian start-ups have been on a roll since January with a series of fundraise announcements that catapulted 11 of them into the Unicorn club with a valuation of over $1 billion. Despite the raging pandemic and the consequent business disruption, how are venture capital and private equity firms raising money from LPs (limited partners) to fund the start-ups? LPs generally consist of Pension Funds, Sovereign Wealth Funds, Institutional Accounts and HNIs. VS Kannan Sitaram, Venture Partner at Fireside Ventures, said LPs are typically not very emotional people but look for hard evidence as to whether the VC firm is able to give good returns for their money. “They need to know that this is not just some pipe dream but there is real substance in the strategy that a Fund like ours is setting out to implement. Our Fund I was closed at ₹340 crore but we closed Fund II at ₹ ....
April 19, 2021 Will invest in edtech and fintech companies Mumbai-headquartered venture capital firm BLinC Invest announced the launch of a ₹100-crore SEBI registered Category-II Alternative Investment Fund (AIF) and its first close of ₹30 crore. The fund will achieve its final close before the year-end. An AIF is any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, for investing in accordance with a defined investment policy for the benefit of its investors. Amit Ratanpal, founder and MD of BLinC Invest , said, “We are thrilled to launch BLinC Fund II. We are inspired by the support we have received from our investors who share our belief that there is immense potential in investing in early-stage companies that harness the power of technology in the education and financial services businesses that are backbone sectors of any global econom ....