India: 8i Ventures hits the first close of Fund II at $25m

India: 8i Ventures hits the first close of Fund II at $25m

Vikram Chachra, Founding Partner, 8i Ventures

Early-stage venture capital firm 8i Ventures has hit the first close of its second fund at $25 million. The fund, which is focused on the fintech and commerce sectors, is targeting a total corpus of $50 million in the final close.