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Early-stage venture capital firm Inflexor Ventures is eyeing the first close of its $150 million (Rs 1,250 crore) Fund III by the end of the second quarter, partner Murali Krishna Gunturu told ET.
The fund, which has backed the likes of consumer durables maker Atomberg, spacetech startup Bellatrix Aerospace, CredFlow and Bioprime Agrisolutions, has also closed its Rs 350-crore Opportunities Fund by acquiring the entire investment portfolio of its first fund (Parampara Capital), providing liquidity to its initial investors.
“We have begun raising…
