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Titan Capital, founded by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has announced the final close of its Winners Fund at ₹333 crores, approximately $40 million. This marks the first time Titan Capital has raised external capital, having previously relied on personal investments from Bahl and Bansal. The Winners Fund is a SEBI-registered Category-II Alternative Investment Fund (AIF) and will focus on supporting 20 technology startups, deploying the raised capital into existing portfolio companies at later stages.
Titan Capital marks final close of winners fund at $40 Mn: Titan Capital Winners Fund, which is backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has announced its final close at Rs 333 crores (around $40 million). … https://t.co/VI4ZEhbcGL #startupnews #startups
Titan Capital Winners Fund closes at ₹333 crore, plans to back 20 tech startups @ShrutiMishra_ https://t.co/O2QF7gwba2
📢 @TitanCapitalVC's Winners Fund, a SEBI-registered Category-II Alternative Investment Fund (AIF), has announced its final close at Rs 333 crores. This capital will be deployed in the firm’s existing portfolio companies in later stages. https://t.co/AhX6vLJB5N