Sparrow Capital Closes Third Fund At ₹475 Cr To Back Seed Stage Startups

by · Inc42

SUMMARY

  • Sparrow Capital said 60% of Fund III’s capital came from global endowments, foundations, funds of funds and family offices
  • The VC firm has backed over 40 startups across enterprise tech, ecommerce, consumer services, fintech and edtech sectors to date
  • Its Fund II, which closed at ₹120 Cr, backed 27 startups with cheque sizes of $300K to $500K