 "HDFC Life")
Life insurance firm HDFC Life has invested in Z3Partners’ new fund, ‘Z3Partners Tech Fund’, which is a tech and digital investment-focused Venture Capital (VC) fund.
Z3 Partners, which is currently raising funds to the tune of Rs 500 crore, has already backed startups like Cyfirma, DealShare, Gramophone, Shipsy, and True-Fan.
Z3Partners is founded by Gautam Patel whose prior investments have been BigBasket, MedGenome, OFBusiness, Pepperfry, etc. The Fund announced its second close of Rs 250 crore last year and is on track to do the final close this year.
Gautam Patel, Managing Partner, Z3Partners, said: “HDFC Life is one of
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