India Quotient gets $64 million from domestic investors for first close of 4th fund

India Quotient, a seed-to-early-stage venture capital firm, has made its first close of its fourth fund at $64 million from domestic investors, including leading family offices.

Top entrepreneurs like Flipkart cofounder Binny Bansal, Paytm’s founder Vijay Shekhar Sharma and Makemytrip cofounder Deep Kalra are among the fund’s investors. It is also in discussions with foreign investors for the rest of the capital raise — $80 million in total.