 "Riverwalk Holdings launches Rs 150 cr fund for investing in Indian startups")
Venture capital fund Riverwalk Holdings has launched a Rs 150 crore-fund that will focus on early-stage funding of startups in India.
The fund is anchored by the Singapore-based Thakral Group and has been backed by leading business houses across India and Singapore.
"The lifecycle of a startup has its ups and downs and we are committed to being supportive throughout the journey. We are grateful to have like-minded investors who also share our investment philosophy," Riverwalk Holdings Founding Partner Satveer Singh Thakral said in a statement on Thursday.
Riverwalk has a sector agnostic investment approach with preferred sectors such as Enterprise SaaS, Fintech and Consumer-tech and Consumer brands.
The fund will invest up to Rs 10 crore per startup, and has already made four investments.
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