This emerging VC fund is scouting for investments in India’s startup space
29 April 2019 5:55 AM GMT
Falcon Edge Capital is a New York-based venture capital firm and hedge fund which has shown a special interest in the Indian startup space recently
- New York-based Falcon Edge Capital is one of the new active investors in India's startup sector and is about to close various deals in artificial intelligence (AI), urban mobility and financial technology sectors, according to The Times of India .
- Falcon Edge seeks out potential investment opportunities making bets through its venture capital and private equity funds.
- For instance, it is in talks with a two-wheeler rental platform, Bounce, for a round of $70-80 million, which has also attracted investment from Accel and Sequoia Capital, the sources added.
- The company is scouting for companies still picking up their pace and in segments like environment and artificial intelligence.