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VC firm Inflexor Ventures to invest ₹500 cr in 20-25 startups

Venture capital firm Inflexor Ventures has announced the first close of the maiden fund at INR 230 Cr. The target corpus of the Inflexor Technology Fund is INR 500 Cr, along with an additional INR 200 Cr greenshoe option.

SBICap Ventures, Small Industrial Development Bank of India (SIDBI), family offices and ultra-rich individuals have infused capital in this fund. Beyond this, the investment firm will also rope in domestic and international investors in the upcoming months.

News source ~ INC42