Podcast: Unicorn India founder on offers in offing and why it shuns ed-tech
Unicorn India Ventures, which marked the first close of its second early-stage enterprise fund through the starting of the coronavirus-induced lockdown in March, has struck three new bets this 12 months.
These three new investments are in neo-diagnostics startup Sascan Meditech, blockchain-based chit fund platform ChitMonks and neo-banking startup Finin.
Now, the enterprise capital agency is in superior phases to shut three extra new offers in a few months, founder and managing accomplice Bhaskar Majumdar informed VCCircle on this podcast. These startups come from the insurance-tech, web of issues and gaming areas.
However, he mentioned the VC agency is staying away from the ed-tech section, which generated vital investor curiosity significantly through the lockdown.
Majumdar additionally talked about Unicorn’s portfolio firms which might be most impacted by the lockdown and why he expects consolidation to occur amongst native startups.