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Venture Catalysts, a Mumbai-based multi-stage venture investing platform, has raised Rs 150 crore (around $18 million) by selling an equal mix of primary and secondary shares.
The primary transaction valued the company at about $200 million post-money, cofounder and managing director Apoorva Ranjan Sharma told ET. Secondary transactions were priced independently between existing shareholders and incoming investors.
Founded in 2016 as an angel network, Venture Catalysts operates deal-by-deal syndication through angel alternative investment funds (AIFs)…
