Helion closes second fund of 210 million USD

Chennai, Mar 11 (UNI) Helion Venture Partners, an India-focused venture fund, today announced the closing of its second fund of 210 million US Dollars.

With this, the total funds raised by Helion for investing in companies had gone up from 140 million to 350 million US Dollars, a company release here said.

In a significant acknowledgement of the growing power of India's domestic market, Helion announced that it would expand its focus sectors to include companies in the consumer services space as well.

This would include high-potential companies in sectors like retail services, education and financial services, the release added.

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