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WEH Ventures announces first close of Fund III, targets Rs 250 Cr corpus

WEH Ventures has already started deploying capital from Fund III and has committed to eight investments across advanced agriculture, robotics, healthcare diagnost

Tarun Mottlia

Via Entrackr

·Excerpt
WEH Ventures announces first close of Fund III, targets Rs 250 Cr corpus
Image: Entrackr

"Seed stage venture capital firm WEH Ventures has announced the first close of Fund III, its third fund, with a target corpus of Rs 250 crore. The fund will back 20 to 25 early stage Indian startups serving customers in India and global markets. WEH Ventures launched Fund I in 2017, followed by its flagship Fund II in 2020. Fund I has returned 1.4x capital, while Fund II has already returned capital through one exit and is tracking above top…

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