Venture Catalyst launches Beams Fintech Fund with $100 mn target size

Venture Catalyst announced the launch of Beams Fintech Fund, a fintech focused fund with a fund target size of $100 million and a greenshoe option.

With the backing of banks, NBFCs, fintechs, several influential fintech founders, family offices & UHNIs from Indian and global investors, the founding team is already in advanced stages of its first close and is even making a few investments.

Beams proposes to invest $8-10 million in growth stages, Series B & C rounds of Fintech companies led by high-quality founders. It plans to build a concentrated portfolio of a dozen Fintech companies in a market currently valued