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WEH Ventures marks first close of Rs 250 Cr Fund III

WEH Ventures, a seed-stage venture capital firm has announced the first close of Fund III with a target corpus Rs 250 crore. Though it did not disclose the quantum of funds raised in the first close.

Tarun Mottlia

Via YourStory

·Excerpt

A statement from WEH Ventures said the first close has attracted participation from a mix of family offices, exited founders and senior corporate and technology executives. Early backers include Play Capital, a Nordic Fund of Fund (FoF); family offices such as Eraya, Twin & Bull Investments and Heritage Investments; exited founders from companies including Oziva and GS Labs; senior executives and CEOs from companies such as Thermax, Haleon, Lenovo and PNB MetLife; as well as senior Silicon Valley executives associated…

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