India's Iron Pillar Brings In $45M
Adding fuel to India's burgeoning startup ecosystem that now has 38 tech unicorns, Indian fund
Iron Pillar closed on $45 million to top off its earlier fund of $90 million raised in 2018. The capital will go toward shoring up its most promising portfolio companies, 8 of which were invested in from the venture growth investor firm's first fund.
Founded in 2016 with bases in Palo Alto and Bangalore, Iron Pillar added three global institutions, including global alternatives investor 57 Stars and one large European family office to its investor base.