The INR 300 Cr ($36.4 Mn) fund will back pre-Series A and Series A stage Indian startups
The fund will invest between INR 1 Cr and INR 10 Cr in startups in the digitalisation, sustainability, financial inclusion, consumption, and health sectors
The fund will facilitate companies in building initial product-market fit, attaining scalability and raising Series A round
Asset management firm Rockstud Capital on Monday (March 14) launched an INR 300 Cr ($36.4 Mn) second fund (Rockstud Capital Investment Fund II) to back pre-Series A and Series A-stage startups.
The angel fund will invest between INR 1 Cr and INR 10 Cr in 25 startups in the digitalisation, sustainability, financial inclusion, consumption, and health sectors. It will also offer a flexible ticket size in current and follow-on funding rounds.