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Facebook co-founder's investment fund closes third series at $2.1 bn

Firm will invest in financial services, healthcare tech, enterprise software space

Raj Ganguly, co-founder and managing partner at B Capital and Eduardo Saverin, co-founder and managi
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Raj Ganguly, co-founder and managing partner at B Capital and Eduardo Saverin, co-founder and managing partner at B Capital

Peerzada Abrar Bengaluru
B Capital, a venture capital firm set up by Facebook co-founder Eduardo Luiz Saverin and others, said on Thursday it has closed its third venture growth fund with capital commitments worth some $2.1 billion.

The venture and related companion funds (‘Growth Fund III’) position B Capital to leverage international investments that have an emphasis on the US and Asia and India.

“Growth Fund III’s portfolio includes companies that are transforming their respective industries and generating meaningful impact," said Saverin, co-founder and managing partner at B Capital. “Our strategic partnership with Boston Consulting Group (BCG) and strong on-the-ground presence

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First Published: Jan 19 2023 | 7:36 PM IST

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