BlinC Invest has announced the final close of BLinC Fund II, a SEBI-registered fund. Having received strong interest and commitment from several Indian and global investors, including HNIs, Family Offices, corporates, and institutional investors, the fund claims to have been oversubscribed. Additionally, the fund sponsors have committed over 8 percent of the fund against the regulatory requirement of 2.5 percent, stated the company in a press release.
It is an immense pleasure in offering extended help by way of funding as well as expertise to both the edtech and fintech sectors as they are undoubtedly the backbone of the Indian economy.