Sorin Investments, an early-stage venture capital firm, has announced the final closing of its debut fund at INR 1,350 crore.
Sorin intends to make investments in tech and tech-enabled enterprises at the Series A and B funding stages. Sorin has already invested five times since its founding in businesses like Venwiz, Litestore, and Uniqus Consultech. This early action demonstrates the company’s dedication to supporting innovation in India’s developing technology sector.
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Subeer Monga has also joined Sorin Investments as a partner. Monga has held positions at Mayfield India and ICICI Ventures.
Sorin Investments has now raised further funding this year, joining the ranks of other venture capital firms. Even if venture capital fundraising for Indian businesses is still slow, these fundraises give hope for a bright future.
Sanjay Nayar, Chairman, Sorin Investments, said: “We are grateful to the LPs who have shown faith in us and we at Sorin remain bullish on the Indian tech ecosystem driven by high quality entrepreneurs and increasing tech adoption by consumers and businesses,”
Angad Banga, General Partner and co-founder at Sorin Investments, said: “India is well on track to be the third largest economy aided by a strong and stable government which is supporting tech innovation and startups in a big way,”
About Sorin Investments
Founded in 2021 by Sanjay Nayar, Sorin Investments is an early-stage venture capital fund focused on Series A and B investments. The fund has a few core sectors – Fintech, Health tech, D2C, Ecommerce, B2B tech, SaaS, Climate tech.
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