Cedar-IBSi Capital is now one of the region’s only pure-play specialist FinTech funds, with a focus on
B2B financial infrastructure companies. The fund is currently backed by multiple institutional investors,
including Muthoot Finance, IIFL Capital and a prominent Middle East Royal family office
Cedar-IBSi Capital is now one of the region’s only pure-play specialist FinTech funds, with a focus on
B2B financial infrastructure companies. The fund is currently backed by multiple institutional investors,
including Muthoot Finance, IIFL Capital and a prominent Middle East Royal family office. The fund
has raised 60% of the 175cr fund target corpus.
FinTech specialist investor Cedar-IBSi Capital, focused on B2B financial infrastructure companies, has secured strong backing from leading institutional investors and over 20 family offices as it prepares to close its debut fund in the coming months. The fund has raised ~₹100 crore with additional soft commitments worth ₹10–15 crore and is confident of marking a final close in the coming months.
The fund invests in Pre-A and A rounds, typically coming in as the first institutional investor. Initial
investment cheques range between $500k–$1 million, with sufficient reserves kept for follow-on
investments beyond simple pro-rata. Cedar-IBSi Capital aims to build a portfolio of 10–15 companies over the life of the fund, with initial checks expected to be deployed by Year 5.
