Pi Ventures Announces Successful Completion of Fundraising

According to reports, pi Ventures, an early stage venture capital fund in India, announced the completion of a 220 million rupee financing, with Belgium’s COLRUYT GROUP participating. Pi Ventures stated that this financing will make it possible to complete the Fund II fundraising. The fund has received support from institutions such as Accel, Nippon India Digital Innovation AIF (NIDIA), Bertelsmann India Investments, and will invest in fields such as artificial intelligence, blockchain, and deep technology. Currently, it has invested in Web3 network security company Silence Laboratories, B2B money supply chain management platform OweMe, and others. （economictimes）

Pi Ventures completed a financing of 220 million rupees and will invest in blockchain and other fields

Pi Ventures, an early stage venture capital fund in India, has announced the successful completion of a 220 million rupee fundraising. According to reports, Belgium’s Colruyt Group has participated in the fundraising, which will make it possible for Pi Ventures to complete the Fund II fundraising. This funding is expected to spur the growth of the PI Ventures and take it to the next level.

Investment Focus

The Pi Ventures fund boasts of support from institutions such as Accel, Nippon India Digital Innovation AIF (NIDIA), and Bertelsmann India Investments. The fund will invest in innovative fields, including artificial intelligence, blockchain, and deep technology. The Fund, which has raised a total of $25 million to date, will use the funds raised in the recently concluded fundraising round to invest in companies in the aforementioned fields.
Pi Ventures’ investment philosophy is based on two pillars: leveraging advances in emerging technologies to solve large, real-world problems and deep understanding of the business context in which the solutions are being applied.

Selected Investments

Pi Ventures has already invested in several companies, including Silence Laboratories – a Web3 network security company; and OweMe – a B2B money supply chain management platform.
Silence Labs aims to deliver products to ensure data protection on platforms and applications. Through an innovative use of cryptographic technology, they have developed products that block hackers from being able to spoof or corrupt user data.
OweMe, on the other hand, enables secure and automated invoicing and payment processes with suppliers. The solution’s unique approach to cash flow management has helped reduce the time and effort required in managing and processing company payments.
Pi Ventures seeks to leverage its investments to create value and drive business growth, while simultaneously helping creative, innovative companies realize their entrepreneurial goals.

What Does This Mean for Investors?

Investors interested in investing in emerging technologies in the most innovative fields can now consider Pi Ventures to be among their options. The firm’s investment philosophy has been well-received, and its commitment to finding innovative solutions to complex business problems is impressive. With the successful completion of this latest fundraising round, the firm has laid the foundation for driving innovation and growth in the fields of artificial intelligence, blockchain, and deep technology.

Conclusion

Pi Ventures’ commitment to innovation and using advanced emerging technologies to address real-world problems is more important now than ever before. With this recent fundraising win, the firm is set to take on exciting and transformative ventures that will drive business growth, create wealth, and provide a host of opportunities for investors.

FAQs

**1. What is Pi Ventures?**
Pi Ventures is an early stage venture capital fund in India. The firm invests in innovative fields, including artificial intelligence, blockchain, and deep technology.
**2. What was the total amount raised in the recently concluded fundraising round?**
Pi Ventures raised a total of 220 million rupees.
**3. What companies has Pi Ventures invested in so far?**
The firm has already invested in several companies, including Silence Laboratories and OweMe.