Mittal Jr ups his reputation as VC investor as firm invests $500 mn so far

Mittal Junior will not divulge how much the company has invested so far, but he admits that the investments range from $10 million, which is the minimum threshold, to $50 million

Topics
Sunil Mittal | venture capital | Investments

Surajeet Das Gupta  |  New Delhi 

In the last one month, Shravin Mittal has invested in follow-up funding rounds in six portfolio companies where he has already made bets as a venture capital investor. This includes used-car online marketplace Cars24, which has just raised $200 million for a round E funding, catapulting it into India’s unicorn club.

Mittal’s VC company was the lead investor when the platform raised around $100 million in the previous round. Moreover, it has just inked a deal with the 18th company in its portfolio, Berlin-based VAHA that makes smart mirrors for workouts Mittal, who is an ...

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First Published: Thu, December 03 2020. 06:07 IST
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