Indian VC firm Pavestone Capital closes maiden fund at $97m

Indian VC firm Pavestone Capital closes maiden fund at $97m

Pavestone Capital managing partners V Laxmikanth (left) and Sridhar Rampalli

Pavestone Capital, a Hyderabad-based venture capital firm, has hit the final close of its maiden fund at Rs 816 crore ($97 million), surpassing its initial target of Rs 600 crore, to back early growth-stage B2B technology companies.

Edited by: Padma Priya

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