Parampara Capital co-founders float second VC fund under new vehicle

The co-founders of venture capital firm Parampara Capital, which had roped in the private equity arm of IDFC group as its partner for its debut fund, have floated their second fund that seeks to raise $100 million (Rs 710 crore).

The Inflexor Technology Fund plans to raise capital from both domestic and international Limited Partners (LPs), said Inflexor Ventures, the new vehicle which will manage the fund, in a statement.