Inflexor Ventures is preparing its third fund that aims to raise between Rs 1,200 crore and Rs 1,700 crore, as the venture capital firm expands its investments in India’s technology sector.

“We believe that this fund will enable us to further scale our efforts and enhance value for our investors as we continue to build on the success of our previous funds. We are also excited to work with founders building for India and the world,” said Venkat Vallabhaneni, managing partner, Inflexor Ventures.

The company’s first fund was valued at Rs 75 crore and the second one raised more