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Today: August 25, 2024
April 29, 2024
1 min read

Oister Global Launches ₹440-cr Fund for Tech Innovations

TLDR:

  • Oister Global has floated a ₹440-crore fund to fuel emerging technology-led innovations in India.
  • The fund targets investments in early, growth, and late-stage venture capital and private equity funds.
  • Oister Global has launched a ₹440-crore fund to support emerging technology-led innovations and sunrise sectors in India. The fund aims to invest in fund houses across various stages of venture capital and private equity, ranging from early to late-stage. Founded by Rohit Bhayana and Sandeep Sinha, Oister Global intends to identify and support top-tier fund managers with proven track records. The company’s previous investments include leading funds like Blume Ventures and Stride Ventures.

    The new fund strategically aims to capitalize on India’s consumption-driven growth by investing in innovative brands in the expanding consumption sector. With a focus on deep tech and climate tech, Oister Global plans to inject ₹4,500 crore into India’s VC/PE ecosystem in the next two years. Additionally, the company plans to launch a private credit fund in the upcoming quarter to further deepen its presence in India’s alternative landscape.

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