Indian VC Weave Capital launches $75 million venture fund
Weave Capital, a venture capital arm of SPVH Private Ltd. based in India has launched a $75 million venture fund, to invest in impact-making startups. * The fund will be invested in startups looking to raise Series B rounds. * Weave Capital aims at deploying between $1 to $5 million in up
Weave Capital, a venture capital arm of SPVH Private Ltd. based in India has launched a $75 million venture fund, to invest in impact-making startups.
- The fund will be invested in startups looking to raise Series B rounds.
- Weave Capital aims at deploying between $1 to $5 million in up to 15-20 startups across different stages.
- The deployment will commence at the close of the first raise of the fund which is $20 million.
- The fund is awaiting the approval of the Securities and Exchange Board of India (Sebi).
