Orios Venture announces final close of $30 mn follow-on investment fund

Launched in 2014, Orios Venture Partners has notable portfolio companies including Pharmeasy, GoMechanic, Country Delight, Beato, Mobikwik, among others.

Technology venture capital firm Orios Venture Partners has announced a final close for its $30 million Select Fund I for primarily follow-on investments into its existing portfolio startups, which have proven to be winners in their respective sectors. Select Fund I, which invests between $4 million and $8 million per company, has already made five bets in IPO-led PharmEasy, GoMechanic, Country Delight, Mobikwik, and Nazara, with two more investments likely to happen by the end of this year.
 
“We had set up a Select Fund as there was high demand for capital from our portfolio companies and a VC