India

The fund-of-funds manager closed on $50m for its debut fund, with plans to back pre-seed and seed-stage funds primarily in the US and India.

Many investors may be mistakenly calculating that companies based in emerging markets have more limited upside potential to break out as global success stories.

The family office, which has 60% of its private markets portfolio invested in venture, is looking for "deep vertical experience," says chief investment officer Russell Deakin.

A total of 127 women-led venture capital funds closed on a combined $2.45 billion in 2025, according to Venture Capital Journal's exclusive research.

Fundraising for the global venture capital industry totaled $80.1bn in 2025, down 38% from the previous year, according to Venture Capital Journal research.

Despite investor concerns about how sustainable AI-enabled fintechs' business models are, Nnamdi Okike expects fairly rapid adoption of these technologies to continue.

Government-related group British International Investment and Lucknow-based Small Industries Development Bank of India are among the Mumbai firm's limited partners in earlier funds.

With extensive experience in enterprise-ready technology, the firm will invest in 25-30 companies across various funding stages that are developing financial service and supply chain products and services.

Fund II is targeting $25 million to make pre-seed and seed investments in Indian start-ups.