The Indian Angel Network (IAN) has announced the final close of its maiden venture capital fund at ₹375 crore, exceeding its initial target by ₹25 crore. The sector-agnostic IAN Fund was launched in April 2017. It is backed by investors like SIDBI's Funds of Funds, IIFL Holdings, Yes Bank and Hyundai, alongside individual investors including former Infosys CEO Kris Gopalakrishnan.