Multiply Ventures closes its maiden fund at INR 260 Cr; to focus on fintech, edtech, retail & health sector
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Early-stage venture capitalist (VC) firm Multiply Ventures has closed its maiden fund at INR 260 Cr, crossing its target of INR 250 Cr. Multiply Ventures would now have an increased focus on early-stage deals across four core sectors—fintech, edtech, retail, and health. Starting from pre-seed/seed levels, the fresh funds would be used in investing in startups till Series A.