> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Indian VC First Cheque secures around $5 million in funding
- URL: https://www.techloy.com/indian-vc-first-cheque-secures-around-5-million-in-funding/
- Published: 2022-07-20T15:31:27.000Z
- Updated: 2022-12-08T00:22:27.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in India

India-based venture capital firm, [First Cheque](https://www.crunchbase.com/organization/first-cheque) has secured $4.75 million in its second fund from global investors.

- The fund will be deployed as $100 thousand per startup, with a focus on first-time founders.
- The firm will invest in 50 startups in the next 18 months, it claims.
- First Cheque works with teams of venture professionals including founders, managers, entrepreneurs, and experts to select startups for funding.
- It has invested in over 100 startups in the last three years, with its portfolio including Fashinza, Giva, Fleetx, Wint Wealth, and Drink Prime among others.