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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.

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Press Trust of India New Delhi

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.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 30 2022 | 10:06 PM IST

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