Venture Capital firm BlinC Invest announced the first close of its INR 100 cr ($ 13 Mn) alternative investment fund (AIF) at INR 30 CR ($ 4 Mn) to invest in 5 -7 early stage edutech and fintech startups.
These edutech and fintech companies should have at least 5 Mn registered users on their platform. The VC firm will also pay close attention to the founding team, along with primary market research and investment opportunity report