Fundamental VC Sets Up $130 Mn Fund For Early-Stage Startups

Fundamental VC Sets Up $130 Mn Fund For Early-Stage Startups

SUMMARY

The fund will invest in startups across verticals including consumer internet, SaaS, insurtech, healthtech, fintech, gaming and AI, among others

The fund will target an average ticket size of $1.5 Mn, investing in around 30 companies over the next two years

Fundamental VC’s portfolio companies include StockGro, Redcliffe Labs, TradeX, Blu Smart Mobility, Dukaan and Agnikul, among others

Bengaluru-based venture capital firm Fundamental VC has launched its first fund with a target corpus of $130 Mn to invest in early-stage startups.

The fund is sector-agnostic and will invest in startups across verticals including consumer internet, SaaS, insurtech, healthtech, fintech, gaming and AI, among others.

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