Exclusive: Unicorn India targets second close for maiden fund by next month

Exclusive: Unicorn India targets second close for maiden fund by next month

Photo: Reuters

Unicorn India Ventures, a Mumbai-based early stage investment firm, is in the process of raising Rs.30-40 crore ($4.5-$6 million) to achieve a second close of its maiden fund by July. It raised its first tranche of Rs 40 crore in January. Founded in 2015, the firm has invested in four companies so far including Roder.in, a technology platform and cab aggregator; Vanity Cube, an online marketplace for beauty salon and spa; Inc42, a media company, and most recently in Pharmarack Technologies.

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