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Alpha Fund: Which Sectors Will The Fund Bet On?

IAN Alpha Fund completed its first close at Rs 355 crore. This is the second venture capital fund in IAN Group’s series of funds. Marquee investors of the IAN Alpha Fund include Sidbi (Small Industries Development Bank of India), SRI Fund, and several investors from IAN Fund I. On this edition of Startup Central, Avanne Dubash caught up with Saurabh Srivastava, Co-Founder, Indian Angel Network who takes about plans to utilise the fund as well as plans for expansion. The IAN Group has invested over Rs 900 crore in over 250 startups, which are currently valued at over $9 billion. The fund is keenly interested to invest in sectors like clean tech, health tech/bio, fintech, deep tech, spacetech, agri-tech, cybersecurity, hardware and others.

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