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JSW Ventures Looking To Float Third Fund Worth INR 450 Cr

  • JSW Ventures, the VC arm of JSW Group, plans to launch its third fund to raise between INR 400 Cr to INR 450 Cr from domestic investors.
  • The second fund of INR 300 Cr has been fully deployed, with participation from family offices and institutions like SIDBI, NABARD, and Ranjan Pai's family office.
  • JSW Ventures, founded in 2016, focuses on early-stage investments in Indian founders building technology-led solutions in various sectors.
  • The Indian startup ecosystem is witnessing increased funding activities, with JSW Ventures making previous investments in startups like Purplle and leading funding rounds like StayVista's Series B last month.

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