First Cheque Closes its Second Fund at Rs 38 Cr ($5 Mn); Plans to Invest in 50 Companies Over the Next 18 Mths

First Cheque Closes its Second Fund at Rs 38 Cr ($5 Mn); Plans to Invest in 50 Companies Over the Next 18 Mths

Invest in firms at the pre-seed stage together with paper-plan conceptsFocus on first-time foundersAn preliminary funding of USD 100K in all portfolio firms First Cheque, an early-stage VC, launches its second fund to make investments in 50 startups in the...