Inga Ventures, Singapore’s TIH Set Up $15 Mn Fund To Invest In Indian Startups

Inga Ventures, Singapore’s TIH Set Up $15 Mn Fund To Invest In Indian Startups

SUMMARY

The overall target for the ‘Ekkum TIH Emerging Opportunities Fund’ is $60.6 Mn, and it has already received a commitment of $3 Mn

The sector-agnostic fund will invest in mid-sized Indian companies, including startups, working in specialty chemicals, FMCG, electronics, food and agriculture, and healthcare or pharma

Inga Ventures has over two decades of experience in investment banking and offers financial and strategic advisory services

Mumbai-based investment banking firm Inga Ventures has partnered Singapore-based private investment fund TIH Ltd to set up a $15.1 Mn (INR 125 Cr) fund called ‘Ekkum TIH Emerging Opportunities Fund’ to invest in mid-sized Indian companies, including startups. 

The overall target for the fund is $60.6 Mn (INR 500 Cr ), a statement said, adding that the fund has received a commitment of $3 Mn (INR 25 Cr) from its sponsors and affiliates. 

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