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Kriscore Capital raises ₹50 crore for a new micro-VC fund
Mint New Delhi
|May 15, 2025
The fund has already made its first investment in a medical tourism startup, Balakrishnan told Mint
Kriscore Capital, the micro-venture capital fund started by former Lazard India chairman K. Balakrishnan, has raised ₹50 crore in commitments from prominent family offices and high net worth individuals, the founder said.
The fund has already made its first investment in a medical tourism startup, Balakrishnan told Mint in an exclusive interaction in Mumbai this week, without disclosing further details.
The investors include the Sidharth Birla, Kohli, GMR, and Parikh family offices, he said. The fund, part of the Kriscore Group, is targeting a total of ₹200 crore, including a greenshoe option of ₹100 crore.
After almost a decade at Lazard, Balakrishnan stepped down in 2013 to launch Kriscore Financial Advisors.
Denne historien er fra May 15, 2025-utgaven av Mint New Delhi.
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