3one4 Capital’s Fund I Clocks 58X Returns From Darwinbox Investment

3one4 Capital’s Fund I Clocks 58X Returns From Darwinbox Investment

SUMMARY

3one4 Capital said that its Fund I clocked an IRR of 65.08% after Darwinbox’s mega $140 Mn fundraise, led by Partners Group and KKR, earlier this month

The fund said that its maiden fund achieved a “+1.0 DPI DPI” within a seven-year cycle, meaning that 3one4 Capital has fully returned principal capital to LPs

3one4 Capital, which closed its maiden fund in 2016 with a corpus of INR 100 Cr, claims to be sitting on gains to the tune of INR 400 Cr

Venture capital firm 3one4 Capital today claims to have clocked a multiple on invested capital (MOIC) of 58X over seven years on its investment in HR tech platform Darwinbox.3one4 Capital

In a statement, the investment firm said that its Fund I clocked an internal return rate (IRR) of 65.08% after Darwinbox’s mega $140 Mn fundraise, led by Partners Group and KKR, earlier this month. 2015Bengaluru2015Bengaluru2015Bengaluru

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