Orios closes $30 Mn fund for follow-on investments
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Orios Venture Partners has announced the closing of $30 Mn Select Fund I. The fund has been raised primarily for follow-on investments into its existing portfolio startups that have performed well. Select Fund I, which invests between $4 Mn and $8 Mn per company, has already made five bets in PharmEasy, GoMechanic, Country Delight, Mobikwik, and Nazara, with two more investments likely to happen by the end of this year.