<ul><li>Seed-stage venture capital firm 247VC has launched India Fund I with a targeted corpus of ₹200 crore and a greenshoe option of ₹50 crore to back 30 promising startups over the next three years.</li><li>Founded by Yagnesh Sanghrajka and Shashank Randev, 247VC is sector-agnostic but will focus on four core investment themes: consumption, deeptech, enterprise tech, and Industry 5.0.</li><li>Backed by industry veterans and investors like Sachin Tagra, Vivek Mathur, and Shailendra Majmundar, 247VC aims to identify bold, visionary founders in India's evolving startup landscape.</li><li>The launch of 247VC's India Fund I contributes to the increasing momentum in India's venture capital landscape, supporting the growth and innovation of VC-backed startups heading towards the public domain.</li></ul>

247VC Launches India Fund I with a Target Corpus of ₹250 Crore to Back 30 Early-Stage Startups

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