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OG Capital launches Rs 300 Cr venture capital fund for co-building startups
Nov 19, 2024•over 1 year ago
Contract Type
partnership
Description
Ortella Global Capital (OG Capital) has announced the launch of its Rs 300 crore ($36 million) venture capital fund. The fund plans to invest in over 20 companies, up to Rs 15 crore ($2 million) each, and aims to deliver a 50% CAGR, targeting 10X returns for its investors. Sayan Ghosh, managing partner of OG Capital, brings over a decade of experience as an entrepreneur, investment banker, and investor.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months