Chiratae Ventures set to hit first close at $150 million for fourth India-focused fund

Chiratae Ventures set to hit first close at $150 million for fourth India-focused fund Chiratae’s fundraising comes at a time when VC funding remains strong despite an economic slump. Chiratae had launched its first fund of $150 million in 2007 with investment from US-based media, data and marketing firm IDG Inc.

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