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Ex-VH exec fund eyes greenshoe option

Mint Chennai

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March 03, 2025

Junior VC (AJVC), a fund launched by former Venture Highway—now acquired by General Catalyst—executive Aviral Bhatnagar in August 2024, has been oversubscribed by investors and is likely to tap the greenshoe option.

- Malvika Maloo

Bhatnagar, who previously led investments in software-as-a-service, consumer and AI sectors at a VC firm until April last year, had launched the firm in August, aiming to raise a corpus of nearly ₹100 crore.

"We're oversubscribed and we are very actively considering exercising our green shoe option," Bhatnagar said.

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