Inflexor Ventures, till now, has invested in the likes of Atomberg and Entropik Technologies. Its latest investment was in Steradian Semiconductors
Inflexor Ventures is aiming to close its latest Rs 500 core fund by March 2021. The investent company is looking to invest into 20 to 25 companies. The latest fund, as per a report in the PTI, is focussed towards technologies making a deep impact on the society.
The company specialises in investing in companies that already have a cutomer base and are making some revenue. PTI quoted Inflexor Ventures Managing Partner Venkat Vallabhaneni saying that the investment company enters a startup with Rs five to seven crore cheque and stays with them over growth years. Based on performance, the investment company also adds funds upto a tune of Rs 20 crore.
Undisclosed sum in Steradian Semiconductors
Inflexor Ventures had recently invested an undisclosed amount in Steradian Semiconductors. The latter is into development of 4D imaging radar solutions for autonomous vehicles. The VC firm had marked the first close of its Rs 230 crore fund in Septemer.
“With our focus on backing companies with deep tech and technology IP that can scale globally from India, we feel Steradian is poised for its next stage of growth and we are excited to partner with them,” Vallabhaneni had said at that time.
Inflexor Ventures, till now, has invested in the likes of Atomberg and Entropik Technologies as well.
