top of page

OISTER GLOBAL AND TRIBE CAPITAL INDIA WILL LAUNCH $500 MN SECONDARIES FOCUSED FUND

  • NEWS Desk Global
  • Sep 23, 2024
  • 1 min read



Homegrown investment company Oister Global and the local arm of US-based venture capital firm Tribe Capital have partnered to launch a $500 million fund which will back secondary startup deals.

In a secondary transaction, a company’s shares change hands among investors and no fresh capital is infused into a firm. The investment will be spread across two years. The development comes at a time when secondary transactions in startups have gained momentum.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page