Orios Venture targets five-fold returns

Written by fe Bureau | Mumbai | Updated: Aug 20 2014, 06:30am hrs
Investor Rehan Yar Khan on Tuesday launched his maiden venture capital fund Orios Venture Partners with a Rs 300-crore corpus and aims at delivering at least five-fold returns to the investors.

The fund aims at investing in early stage internet and software product companies with seed capital fund ranging from Rs 50 lakh to Rs 20 crore in each of them. Rehan Yar Khan, the managing partner, Orios Venture Partners, believes that raising funds was not an issue and that he had already received capital commitments of Rs 300 crore some time ago. The fund was looking to build a strong team and now we have a strong 10-member team with an advisory board consisting of industry veterans who are currently still active investors, he said.