CosmicTaco
3one4 Capital Achieves 58X Returns On Darwinbox Investment
- 3one4 Capital announced that its Fund I achieved a remarkable IRR of 65.08% following Darwinbox's $140 Mn fundraise, led by Partners Group and KKR.
- The fund reported a +1.0 DPI DPI within a seven-year cycle, indicating full principal capital return to LPs.
- 3one4 Capital's maiden fund, initiated in 2016 with INR 100 Cr, has seen gains reaching INR 400 Cr.
- The venture capital firm boasts a 58X multiple on invested capital (MOIC) over seven years with Darwinbox.
- This milestone highlights the firm's strategic investment prowess in the HR tech platform.
Source: Inc42
4mo ago
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