Former Infosys CFO Mohandas Pai-backed 3one4 Capital has launched a new fund, Continuum I with a target corpus of ₹350 crore. 3one4 Capital has reportedly already closed ₹150-crore commitments for the new fund. The new fund will focus on Series B and subsequent rounds of its portfolio companies and hand out cheques worth $3 million-$5 million.