Pantomath’s India Inflection Opportunity Fund (IIOF) is set to launch its second fund worth Rs 2,000 crore, reinforcing its commitment to supporting high-potential companies in India. This upcoming fund marks a significant expansion from its initial Rs 500 crore fund launched in 2022.

Recently, IIOF spearheaded an $8 million funding round for flexible workspace provider Incuspaze, alongside other financial institutions. Founded in 2016, Incuspaze plans to use the funds to expand its network of flexible workspaces and upgrade its technological infrastructure.

Madhu Lunawat, Chief Investment Officer at IIOF, remarked, "Incuspaze has demonstrated impressive growth and resilience in a competitive market." This investment aligns with IIOF’s strategy of backing companies with strong potential for long-term success and profitability.

Mumbai-based IIOF, a Category-2 Alternative Investment Fund, specializes in late-stage venture capital investments, focusing on companies in the pre-IPO stages. The second fund aims to build on the success of its first, continuing to support innovative and high-growth companies across India.

If you want to share any updates, new product launches, new appointments, or any other information to be covered in the news section of PMSBazaar, write to us at research@pmsbazaar.com