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Hunch Ventures to pump Rs 175 cr in 2019

Thursday, 14 Mar 2019
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Venture capital fund Hunch Ventures is looking to invest USD 25 million (Rs 175 crore) in 2019. The plan includes an investment of Rs 75 crore into Karanja Port in Navi Mumbai which is managed by Mercantile Ports and Logistics.

The company is looking to invest more in the logistics space which includes investing in more ports, warehousing complexes as well as food processing units. Going forward, storage, food processing and infrastructure will draw the fund's interest.

The company wants to grow its logistics from west coast to east coast, build more ports and connect in between the warehousing complexes and logistics networks.

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