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Ankur Capital nears final close of 3rd fund
Mint Kolkata
|May 22, 2025
Mumbai-based Ankur Capital, an early-stage venture capital firm that invests in digital and deep science tech firms in India, is in the process of wrapping up its third fund, VCCircle learnt.
The firm, which has backed seafood marketplace Captain Fresh, fintech startup Rupifi, B2B food platform Vegrow, and biotech startup String Bio from earlier funds, is likely to raise around ₹1,000 crore (around $117 million) via its latest fund, pushing its total AUM or assets under management to over ₹2,567 crore.
"We've had a lot of global players; fund-of-funds that have come in (to invest in the third fund). We are in the process of closing the fund. We should be hitting around that (₹1,000-crore) mark," Rema Subramanian, co-founder and managing partner at Ankur Capital, told VCCircle.
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