27 January 2022
Written By FinTech Alliance in Investment
Startup incubator Venture Catalysts has launched the first ever dedicated growth capital FinTech fund in India.
In Brief:
The fund is called Beams FinTech Fund.
It will invest between $8mn and $10mn into growth, Series B and Series C rounds of FinTechs.
Beams has a target size of $100mn.
What does this mean?
Beams aims to build a “concentrated” portfolio of a dozen FinTech companies and says it’s “likely to touch $200bn+ in 2025”.
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