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Info Edge Ventures raises Rs 375 Cr from Temasek as part of Rs 750 Cr fund

The fund, which was launched in January 2020, focuses on investments in early-stage technology startups in India.

Info Edge Ventures, a Rs 750 crore early-stage venture capital fund backed by Naukri.com parent Info Edge, has received a commitment of Rs 375 crore from Temasek, a global investment company headquartered in Singapore. 

The fund, which was launched in January 2020, focuses on investments in early-stage technology startups in India.

Since its establishment, the fund has already invested in nine early-stage startups in areas such as eCommerce, digital media, fintech, edtech, health tech, gaming, and SaaS. These are DotPe, a technology platform digitising brick and mortar businesses via mobile catalogue, offline/online ordering, and payments; Bulbul, an influencer-driven video e-commerce platform; Qyuki, a digital creator-focused new-age media company; Fanclash, an e-sports community and engagement platform; Truemeds, a telehealth platform; Rusk Media, a digital company focused on content targeted at millennials; FirstHive, a customer data platform for global enterprises; Polymerize, a SaaS platform for materials companies to accelerate development using AI; and Udayy, an interactive gamified learning platform for kids from Grade I to V.

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