Sparrow Capital Closes Third Fund at Rs 475 Crore for Early-Stage Indian Startups
Quick Look
- Sparrow Capital has closed its third fund at Rs 475 crore, aiming to invest $1-2 million in 25-30 startups over three years.
- The fund's LP base has shifted towards institutional investors, including global endowments and family offices, marking a change from its earlier non-institutional focus.
AI-generated summary
Sparrow Capital has closed its third fund at Rs 475 crore, aiming to invest $1-2 million in 25-30 startups over three years. The fund's LP base has shifted towards institutional investors, including global endowments and family offices, marking a change from its earlier non-institutional focus.