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Physis gets Haldiram's, Lotus Herbals funds
Mint Mumbai
|June 19, 2025
Venture capital firm Physis Capital, set up by the founders of angel investment platform Inflection Point Ventures (IPV), said Wednesday it has raised ₹200 crore ($23.2 million) for its maiden fund and expects to mark its final close by early 2026.
The fund secured limited partner commitments from the family offices of the promoters of snacks maker and restaurant chain Haldiram's and personal care products maker Lotus Herbals. Other LPs who committed to the fund include SUD Life Insurance and Bengaluru-based eyecare chain Narayana Nethralaya, the VC firm said in a statement. SUD Life is a joint venture among Bank of India, Union Bank of India, and Japan's Dai-ichi Life Holdings.
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