Wipro Consumer Care & Lighting: Wipro Consumer VC looks for more follow-on rounds
ETtech.com -

The venture capital arm of Wipro Consumer Care & Lighting plans to do more follow-on investments from its second fund, which has a corpus of Rs 250 crore, according to its top executive.The approach of Wipro Consumer Care – Ventures has been to invest $1-3 million per deal with a follow-on investment that can go up to $4 million. The second fund will look to build a portfolio of around 15-16 companies, largely with the same ticket sizes, with a little more focus on follow-on funding, said the VC...

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