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Ex-Orios partners launch $75 mn fund
Mint Mumbai
|November 13, 2024
Anup Jain and Rajeev Suri, former managing partners of Orios Venture Partners, have launched a $75 million fund to back a mix of early and late-stage startups in fintech, climate and sustainability and consumer-driven B2C startups under their new investment vehicle—Blue Green Ventures.
"The fund size can increase up to $100 million including the green shoe option," Jain said in an interview with Mint. The new fund is backed by global CEOs and CXOs from Fortune 500 firms alongside Indian startup entrepreneurs, he added without disclosing names. The fund has received nearly 4/5th of its commitments from domestic investors.
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