Chiratae eyes first close of $150m for fourth India-focused fund

Chiratae eyes first close of $150m for fourth India-focused fund

Sudhir Sethi, Founder and Chairman, Chiratae Ventures, formerly IDG Ventures India

Venture capital fund Chiratae Ventures is set to hit the first close of its fourth India-focused fund at $150 million, two people aware of the development said, on condition of anonymity.