The fund "IAN Alpha Fund" under Indian Angel Network has completed a fundraising of 42 million USD, which will be invested in areas such as Web3

ChainCatcher news, according to dealstreetasia, Indian venture capital firm Indian Angel Network announced that its second fund "IAN Alpha Fund" has completed its first fundraising of $42 million, with investors including SIDBI (Small Industries Development Bank of India), SRI Fund, and IAN Fund I. The fund will focus on investments in areas such as fintech, deep tech, Web3, metaverse, and Industry 4.0.