IndiGo venture gets Sebi nod to launch venture capital fund

Indigo Venture has received approval from the Securities and Exchange Board of India (SEBI) to launch a venture capital fund. The fund aims to invest in early-stage startups across various sectors, including technology, healthcare, and consumer goods. Indigo Venture plans to raise ₹500 crore for the fund, with a focus on supporting innovative and high-growth potential companies. The approval from SEBI marks a significant milestone for Indigo Venture, enabling it to expand its investment portfolio and support the startup ecosystem in India. The fund is expected to attract both domestic and international investors looking to capitalize on the growing startup landscape in India8.