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Growth-stage venture fund Physis Capital raises over Rs 200 crore
- Physis Capital, a growth-stage venture fund founded by Vinay Bansal, Ankur Mittal, and Mitesh Shah, has raised over Rs 200 crore, with more capital expected to be secured over the next 6 to 9 months.
- The fund has garnered investment from family offices, HNIs, and institutional investors, including SUD Life, Narayana Nethralaya, Haldiram’s, and Lotus Holdings.
- Physis Capital focuses on high-impact tech startups from Pre-Series A to Series B, supporting innovative founders addressing real-world challenges.
- The firm aims to build a portfolio of 15+ companies by the first half of next year, with 8 deals currently in the pipeline and expected investments to close within the next 2 quarters.
- Physis Capital boasts a global network of experienced CXOs, advisors, and operators across over 10 countries, contributing to sharp investment decisions.
- The fund's LPs offer strategic insights and industry expertise beyond capital, actively engaging to add substantial value and aid portfolio companies in scaling across markets.
- Physis recent investment in STAGE, a hyperlocal OTT platform catering to regional audiences in dialects like Haryanvi and Bhojpuri, reflects its goal to invest in 15 to 20 startups by next year's final close.
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