V3 Ventures plans to invest 30 mn euros in Indian start-ups

V3 Ventures plans to invest 30 mn euros in Indian start-ups

London-primarily based totally V3 Ventures on Tuesday introduced that it's going to make investments round 30 in step with cent of its EUR a hundred million fund in early-degree start-ups in India withinside the subsequent 12-18 months.

V3 Ventures, Co-Founder and Investment Partner, Arjun Vaidya stated that the enterprise plans to make investments the relaxation of the fund withinside the US and Europe.

"India`s financial system continues to be developing swiftly and we're one of the fastest-developing economies withinside the world. In this macros environment - India has a completely unique advantage.

"Given this, we assume client and generation groups to thrive withinside the foreseeable future. This lets in us to perceive and lower back marketers who're constructing sturdy, purpose-driven, scalable manufacturers," he stated.

Vaidya stated that the VC will lower back proper groups and are very bullish approximately the possibility India affords to the firm.

"We intention to make investments more or less 30 in step with cent of the a hundred million euro fund. We have a sturdy pipeline in vicinity and consider in a focused strategy. We consider India is on the cusp of a revolution in particular withinside the client manufacturers and client generation area and the possibility is vast," he stated.

Vaidya joined Verlinvest and co-based V3 Ventures with Lopo Champalimaud in 2021. Verlinvest has invested in numerous Indian start-ups which includes Oatly, Tony's Chocolonely, BYJU's, Sula Vineyards, and Purplle.com.


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