Parampara Capital Founders Launch $100 Mn Inflexor Fund

In a bid to support India’s early-stage startup ecosystem, founders of Hyderabad-based venture capital firm, Parampara Capital, have announced the launch of a new fund— Inflexor Technology Fund.

Initiated by Venkat Vallabhaneni, a serial entrepreneur and Jatin Desai, former Chief Information Officer of Bank of America, the duo will manage the fund as managing partners. They have also worked together for close to 20 years before.

Pratip Mazumdar (ex-IDFC Alternatives) has also joined Inflexor as a Partner to strengthen the fund team for the new fund launch.