Singapore-based ThinKuvate launches India-focused fund, ThinKuvate India Fund I, with Rs 100 crore ($12 million) for tech startups.
Singapore-based angel investment network ThinKuvate has launched its first India-focused fund, ThinKuvate India Fund I, with a total corpus of Rs 100 crore ($12 million), targeting tech startups across sectors. The fund aims to invest up to Rs 3 crore in each startup, with a goal of investing in 12-15 startups annually. ThinKuvate has received approval from the Securities and Exchange Board of India to launch the fund and plans to invest in emerging startup hubs and established centers in India.
May 21, 2024
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