Mumbai, March 3 -- Oister Global, a secondary-focused firm, is expected to launch its third fund in the coming months, after investing more than Rs.1,000 crore over the last two years in acquiring stakes in startups such as BlackBuck, OfBusiness, Purplle, Shiprocket and BlueStone.

The size of the first fund was about Rs.300 crore, followed by a Rs.400-crore second fund. The third fund is likely to have a corpus of Rs.500 crore and will go live shortly, Oister's co-founder and co-chief executive officer Sandeep Sinha told Mint in an interview. The Gurugram-based investment firm, which purchases shares from early investors in private companies, also uses balance sheet capital for direct investments alongside co-investments from limited par...