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Epiq Capital closes 2nd fund at $225 mn; to invest in 10 cos
Mint Mumbai
|June 29, 2023
Growth-stage tech investment firm Epiq Capital, which has backed companies like Lenskart, Curefit, Dailyhunt, Builder.ai, PristynCare, and Park+, has made the final close of its second fund at $225 million (₹1,846 crore).
The second vehicle was oversubscribed from its target corpus of $200 million. The fund marked its first close in December 2021 at $100 million.
The new fund will make growth equity investments in around 10 companies in the technology space with ticket sizes of $20-25 million. It will make both primary and secondary transactions in companies.
This story is from the June 29, 2023 edition of Mint Mumbai.
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