3one4 Capital Floats $15 Mn Fund To Back Under-Represented Founders

Venture capital (VC) firm 3one4 Capital has banded together with British International Investment (BII) to float a new $15 Mn (around ₹141 Cr) fund to back “under-represented” sectors and founders in the Indian startup ecosystem. Called the IIDEA Fund, the newly launched fund will primarily focus on sectors such as energy transition, agriculture, health, deeptech and manufacturing. The corpus will also focus on investing in women-led ventures, non-metro founders and businesses addressing develop