Leo to launch India-focused venture fund in 2022

Early stage venture fund Leo Capital plans to raise its third fund next year with a focus on India, a market where a record $35 billion in venture funding is expected from global investors, according to firm officials.

Singapore-based Leo Capital is targeting $125 million for its third fund. Over the past three years, the firm has raised $106 million for two funds from global investors seeking technology-centric opportunities in India and Southeast Asia. The team has made a total of 32 investments.

The firm was founded in 2017 by Rajul Garg and . . .

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