Piper Serica launches Rs 100-cr angel fund for investing in startups
Portfolio management service provider Piper Serica Advisors on Wednesday announced the launch of a Rs 100-crore angel fund to invest in early-stage companies that are using technology to either disrupt or significantly improve industries and processe
Category-1 angel fund will make 30-40 investments over the next three-year period and the current fund size is capped at Rs 100 crore with a small green shoe option, according to a statement. Source: Website