3one4 Capital, driven by contrarian bets, raises $200 million new fund

Partners of 3one4 Capital, a venture capital firm in India, recently went on a road show to raise a new fund. Within two and a half months, at the height of the worsening global economy, they had secured $200 million. It’s the fourth marquee fund for the Bengaluru-headquartered fund, whose portfolio includes four unicorn startups.
The fund, sixth overall for 3one4 Capital, was oversubscribed to $250 million but the firm is accepting only $200 million to keep itself lean and disciplined, said Pranav Pai, co-founder and partner at 3one4 Capital. The firm’s decision to limit the fund

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