Kalaari Launches $290mn India Fund

Kalaari capital has launched $290mn India fund (third fund in nine years).

“We plan to invest $2-5 million across 30 startups from the new fund, as also participate in new rounds of fund raising by our portfolio companies,” [Vani Kola]

Kalaari has fully deployed the earlier fund and has invested in more than 60 startups in the country (notable ones include Snapdeal, UrbanLadder). The fund roped in Ratan Tata as an advisor earlier this year.

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