PeerCapital notches first close of maiden fund at INR 300 Cr
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Bengaluru-based venture capital (VC) firm PeerCapital has completed the first close of its maiden fund at INR 300 Cr ($37.5 Mn), managing partner Ankur Pahwa told Inc42. The fund is structured as an India Category II Alternative Investment Fund (AIF), Pahwa said, adding that the fund has planned its final close by September 2023, taking the total fund size to INR 600 Cr ($75 Mn).