Industry Newsroom

SAIF Partners India Reaches US$350 Million Final Close for Third Fund (Asia)

India-focused venture capital firm SAIF Partners India has reached a final close for SAIF India Partners VI with US$350 million in capital commitments. The fund, which is the third raised by the firm since it spun out from SAIF Partners in 2011, will target seed, Series A and growth-stage opportunities primarily in consumer internet companies. Other sectors in the fund’s mandate include education, health care, financial services and software-as-a-service.