Early-stage startup investor group Indian Angel Network (IAN) has announced the closure of its maiden venture capital fund at Rs 375 crore. This capital would provide aid to strategic mentorship and market access to entrepreneurs.
IAN Fund mainly focuses on investing in startups which are based on healthcare, agritech, fintech, and e-commerce, among others. So far, the group has deployed about Rs 150 crore across 40 startups and has backed companies including SmartVizs, PeeBuddy, Freshworld, and Coolberg. (Source)
