Venture capital firm IndoUS Venture Partners, has raised nearly $97.5 million for IndoUS Venture Partners II, VC Circle reports. The Bangalore-based venture firm is planning to raise $150 million for the current offering.
The capital has been raised from 13 investors. The fund has three promoters, Vani Kola, Kumar Shiralagi and Rajesh Raju. The firm had raised $189 million for its 2007 debut fund, and has financed companies such as Snapdeal.com and Via, early known as FlightRaja.
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