Fireside closes fourth fund at $235 mn

FIRESIDE VENTURES HAS announced the final close of its fourth fund at $253 million, securing commitments from a broad set of global investors, including the Abu Dhabi Investment Authority (ADIA), Investment Corporation of Dubai (ICD), US university endowments, and financial institutions such as HarbourVest, Waterfield,and Fidelity International.On the domestic side,the fund has attracted consumer-focused corporations like Sharrp Ventures, Mirabilis, and Emami, as well as several founders from India’s startup ecosystem.

- ANEES HUSSAIN

Raised through a GIFT City feeder structure and India master fund, Fund IV achieved what founder Kanwaljit Singh described as an “optimal” capital mix, evenly split b