Pi Ventures raises Rs 100 crore from Sidbi’s startup fund

Pi Ventures raises Rs 100 crore from Sidbi’s startup fund.

Pi Ventures, an early-stage venture capital firm, announced on Wednesday that the Small Industries Development Bank of India’s (Sidbi) equity plan, Fund of Funds for Startups.

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According to the release, the new capital is roughly 2.5 times what Sidbi’s FFS contributed to the initial fund.

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Two weeks before the announcement, the Bengaluru-based company—which focuses on deep tech and AI.

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