JSW Ventures targets Rs 450 crore for third fund amid rise in domestic venture capital

JSW Ventures, the venture capital (VC) arm of the Mumbai-based conglomerate JSW Group, is looking to raise Rs 400-450 crore from domestic investors for its third investment fund, said people familiar with the matter.

Its second fund – of Rs 300 crore – was launched in 2020.

JSW Ventures is an early-stage institutional investor focused on tech startups across consumer, healthcare, enterprise, sustainability, agriculture and financial services. Beyond capital, it offers strategic guidance, operational support and access to the broader JSW Group.

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