London-based venture capital company, JPIN has launched an India-focussed strategic fund, JPIN India Fund with a corpus of $20 Mn. The fund aims to back Indian startups and SMEs in the country and help scale their business globally.
The fund, which was raised in collaboration with Mastermind, is SEBI-registered Category 1 Alternative Investment Fund (AIF). It will be an industry-agnostic fund with a size of $13 Mn and $7 Mn as a greenshoe option.
Through this association, JPIN and Mastermind plan to boost Indian SMEs by providing them with equity funding.
Founded in 2019 by Gaurav Singh and Nayan Gala, JPIN backs startups across all stages and focuses on creating them into decacorns. It has a presence in seven countries including India, Africa, UAE, Israel, Singapore, the US and Europe.
As per the website, it has a portfolio of more than 30 startups including Zicon, Focalsun, Blusmart, Chemi Tech, and Expertrons, among others. It claims to have delivered two unicorns in the last two years.
It has made a syndicated investment of more than $170 Mn across portfolios. Currently, it has a nexus of more than 200 investors.
With the launch of the new fund, it will be focusing on more mature SME businesses in India.
For media enquiries, please contact:
Ashwathi Athilat: firstname.lastname@example.org
Shreya Palwankar: email@example.com
Innovators look to family offices to plug investment gap
Venture capitalists are increasingly turning to family offices for funding, according to…Read More
Post-Brexit cross-border trade & investment calls for strong...
In a post-Brexit world, there is an increasing number of opportunities for enterprise-level companies…Read More
LSE backs new review into UK fintech industry amidst sharp fundin...
The London Stock Exchange (LSE) is backing a new review into the…Read More
JPIN launches strategic funds with a combined valuation of US$150...
Funds comprise a US $130 Mn JPIN Global Fund in United Kingdom…Read More
UK’s High Potential Individual Visa Scheme Goes Live
The new programme is in some ways a revival of a similar…Read More
JPIN Sets Up $20 Mn India-Focussed Fund To Back Startups
London-based venture capital company, JPIN has launched an India-focussed strategic fund, JPIN India…Read More
The rise and rise of Healthcare Technology (HealthTech)
Healthcare technology includes any IT tools or software designed to increase hospital…Read More
London Stock Exchange and financial services could benefit from I...
India’s Direct Overseas Listing Policy set to be announced later this month…Read More