Bengaluru: Amidst a rising cohort of Japanese venture capital firms that are bullish on lapping up investment opportunities in Indian startups is Incubate Fund which started operations in India mid last year. The investment firm plans to step up investment activity this year with 10 to 12 more in…
Tag: ShopKirana
Incubate Fund places first bet on ShopKirana
In its first investment in India, Japanese seed-stage investors Incubate Fund has led a bridge round in business-to-business FMCG platform, ShopKirana. The amount of investment is estimated to be between Rs 2 crore and Rs 3 crore, according to people aware of the deal. The Indore based startup he…