India, Sept. 25 -- Titan Capital's former managing partner Bipin Shah-led micro VC firm Zeropearl VC has announced the final close of its maiden fund at INR 159 Cr (around $18 Mn).

In a statement, the pre-seed VC firm said that the fund was oversubscribed over 3.5X its initial target corpus of INR 80 Cr.

The fund received more than half of its capital from 18 unicorn leaders and 21 entrepreneurs from publicly listed or IPO-bound companies, while the rest of the capital was infused by global funds-of-funds and select family offices.

Zeropearl VC plans to invest in 45 early-stage startups across several sectors. It has already invested in 20 companies to date, including Gully Labs, Cura Care, Zanskar, Catalogus, Akinna, Supply6, and Tryo...