Kriscore Capital’s maiden fund announces first close of Rs 50 Cr

Kriscore Financial Advisors, a venture capital firm, has successfully closed its maiden fund, securing a total commitment of ₹50 crore. This fund has a specific focus on investing in early-stage startups that are based in Tier 2 and Tier 3 cities across India, recognizing the growing innovation and entrepreneurial potential in these regions. Kriscore has already made investments in 12 startups spanning various sectors, including edtech, agritech, and fintech, indicating a broad investment thesis aimed at capitalizing on emerging opportunities in underserved markets.