The fund, which also has a green shoe option of Rs 200 crore, also counts the likes of Sidbi, from its startup-focused fund-of-funds, and Survam Partners, the family office of Suman Kant Munjal, as its other key institutional investors.

NEW DELHI: Early-stage venture capital firm Inflexor Ventures has made the first close of its new Rs 500 crore fund at Rs 230 crore, one of the largest for a domestic, technology-focused investor this year.

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