HomeInformation Tech (IT)Wipro Consumer VC looks for more follow-on rounds

Wipro Consumer VC looks for more follow-on rounds

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Sumit Keshan, managing partner of Wipro Consumer Care – Ventures, said the fund’s approach 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 make a portfolio of around 15-16 companies, largely with the same ticket sizes, with a little more focus on follow-on funding, he added.

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