Whiteboard Capital Hits Close Of Second Fund At INR 300 Cr, Doubles Initial Target

Whiteboard Capital Hits Close Of Second Fund At INR 300 Cr, Doubles Initial Target

SUMMARY

The VC firm has marked the final close of its second fund at INR 300 Cr, doubling the initial target of INR 150 Cr

As per an ET report, the fund includes several family offices and domestic institutions as limited partners (LPs)

Whiteboard Capital, founded in 2017 by Freecharge’s Sandeep Tandon, is sector-agnostic fund which invests in startups operating across consumer, financial and healthcare sectors

Early stage VC fund Whiteboard Capital, which counts CRED, Jupiter and NatHabit among its portfolio companies, has reportedly marked the final close of its second fund at INR 300 Cr, doubling the initial target of INR 150 Cr.

As per an ET report, the fund includes several family offices and domestic institutions as limited partners (LPs). It aims to invest in approximately 50 companies, with a focus on follow-on investments in its current portfolio.

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