Jungle Ventures eyes two IPOs a year from its portfolio
In short
Jungle Ventures wants to help two portfolio companies go public each year. It is preparing startups like Moglix and Livspace for the market and is close to a fifth fund.
The new fund would push its India investments past $1 billion.
What the reporting says
Jungle Ventures is targeting two IPOs a year from its portfolio. The early-stage VC firm is preparing companies such as Moglix and Livspace for public markets while closing in on a fifth fund that would push its India bets past $1 billion.
Why it matters
Jungle Ventures is targeting two IPOs a year from its portfolio, while preparing startups such as Moglix and Livspace for public markets, according to the summary. The firm is also nearing a fifth fund that would take its India bets beyond $1 billion.