Windsor Drake
Funding Round · Regtech · 2020

SucSEED Indovation first closure of Rs 100 crore fund

SucSEED Indovation raised $12M First closing of AIF-1 venture fund on December 22, 2020.

Primary
SucSEED Indovation
Amount
$12M
Structure
First closing of AIF-1 venture fund
Date
December 22, 2020
Sub-sector
Regtech

Early-stage VC fund closing Rs 40 crore to support seed-to-pre-Series A startups across regtech, fintech, healthtech, and enterprise SaaS sectors.

Primary company
SucSEED Indovation
Counterparty
Not disclosed
Amount
$12M
Event date
December 22, 2020
Sub-sector
Regtech
HQ
Not disclosed
Structure
First closing of AIF-1 venture fund
Source published
December 22, 2020
Publisher
Business Standard

Source: business-standard.com

Other funding rounds in Regtech

Primary Event type Counterparty Value Sub-sector Date
Acin Funding Round JPMorgan, Citi, BNP Paribas, Barclays, Lloyds Banking Group, Notion Capital, Talis Capital, Fitch Ventures $24M Regtech December 15, 2022
MyComplianceOffice Funding Round Accel-KKR Regtech December 14, 2022
Strategic Risk Associates Funding Round EJF Capital, JAM FINTOP, FINTOP Capital $12M Regtech November 29, 2022
SucSEED Indovation Funding Round $5M Regtech December 23, 2020