Avendus set for final close of future leaders Fund-III at Rs 1,800 crore

Avendus set for final close of future leaders Fund-III at Rs 1,800 crore



Financial services firm Avendus Group is set to hit the final close of its third Future Leaders Fund (FLF) at around Rs 1,800 crore by the end of July, exceeding its base target by Rs 300 crore, the firm said as it looks to back more late-stage, cash-generating businesses.The fund announced its first close at Rs 850 crore in January 2025.Its earlier funds have backed companies such as Lenskart, Bikaji, Juspay, SBI General Insurance and Sagility



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