Singapore-based Leo Capital is set to float its third fund with a corpus of Rs 125 million to provide early stage financing to consumption focussed technology start-ups in India. The proposed fund comes on the back of deploying two funds totalling $106 million.
Leo Capital, set up by Rajul Garg and Shwetank Verma in 2017, is focused on two investment themes. Firstly, technology based India domestic consumption startups – consumer internet, commerce, healthtech, logistics, edtech, fintech, insurtech etc. And secondly, global technology companies from India e.g., SE Asia centric companies or global SaaS companies.
Shwetank Verma, general partner at Leo said India’s