IF
IIFL Fintech Fund Series II
India · Fintech
A venture fund investing in financial technology startups from early to growth stage.
Product
IIFL Fintech Fund Series II backs startups in lending, payments, compliance, wealth technology, insurance technology and embedded finance. It targets early- and growth-stage companies, including businesses applying generative AI to financial services.
The fund plans a portfolio of 20–25 startups and allocates part of its capital to follow-on investments in selected companies from the first fund.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Final close | ₹5B | Participants not disclosed |