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3one4 Capital launches $100 million fund to back early-stage start-ups

Fund will be invested in about 30 start-ups in areas such as health, machine-driven intelligent services, edtech, agritech, and logistics with an average ticket size between $500,000 and $4 million

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Samreen Ahmad  |  Bengaluru 

Early-stage venture capital 3one4 has announced the first close of its third fund, which has a corpus of $100 million.

This fund will be invested in up to 30 start-ups in areas such as health, machine-driven intelligent services, edtech, agritech, and logistics with an average ticket size between $500,000 and $4 million. The Bengaluru-based VC will continue to support an active follow-on strategy to back its investments into later stages. “The current paradigm shift has demanded the acceleration of disruptive business models and a rebalancing of the early-stage investment ...

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First Published: Wed, September 02 2020. 17:10 IST