India Fund Raises 1125 Cr

Mirae Asset Venture Investments has raised 1125 Cr in the first close for its *India fund*, which aims to address the gap in the Indian startup ecosystem at the Series B-D stages. The fund will focus on investing in startups in the Indian market, providing them with the necessary capital to grow and expand their businesses. Some key points about the fund include:
- The total target amount for the fund is 1800 Cr
- The fund will invest in startups across various sectors
- The investment will help startups in India to scale up their operations and expand their reach