India: 8i Ventures partially exits M2P Fintech, eyes first close of Fund II at $20-25m

India: 8i Ventures partially exits M2P Fintech, eyes first close of Fund II at $20-25m

Photo: Pixabay

8i Ventures, an early-stage venture capital fund, has partially exited its seed investment in Chennai-based financial infrastructure company M2P Fintech at a 36X multiple, clocking an IRR of 415% over two years.