3one4 Capital-backer Nippon Life India AIF in the market to raise up to $180m for Fund II

3one4 Capital-backer Nippon Life India AIF in the market to raise up to $180m for Fund II

A man walks past a logo of Japanese life insurer Nippon Life at the company's headquarters in Tokyo April 21, 2011. REUTERS/Yuriko Nakao

Nippon Life India AIF Management, which has backed venture capital (VC) firms such as 3one4 Capital, Fireside Ventures, and Arkam Ventures, is currently on the road to raise its second fund targeting a corpus of $150-180 million, DealStreetAsia has learnt.

Edited by: Joymitra Rai