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Titan Capital Closes Winners Fund at $40M

  • Titan Capital's Winners Fund, backed by Snapdeal co-founders, has closed at around $40 million.
  • The fund surpassed its initial target of Rs 200 crore, thanks to additional commitments.
  • The capital will be used to support the firm's existing portfolio companies in later stages.
  • Titan Capital has backed over 250 companies since 2011, including Urban Company, MamaEarth, and Ola Cabs.
  • The firm recently launched Indicorns, an index highlighting profitable startups with over Rs 100 crore in revenue.

Source: Entrackr

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