New LIC Fund Invests in Tech Companies – Vervesemi and Ceinsys Tech Highlight Sector Trends

New LIC Fund Invests in Tech Companies – Vervesemi and Ceinsys Tech Highlight Sector Trends.webp

Mumbai, February 19 LIC Mutual Fund announced a thematic investment offering on Thursday, focusing on technology companies.

The new fund offer for the LIC MF Technology Fund will be available from Friday to March 6, according to a statement.

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*Vervesemi raises USD 10 million

Fabless semiconductor startup Vervesemi announced USD 10 million in funding on Thursday, led by investor Ashish Kacholia and Unicorn India Ventures.

The funding will also be used by Roots Ventures, Caperize Fina, and MAIQ Growth Scheme to accelerate product commercialization and expand intellectual property, according to a statement.

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*Ceinsys Tech lists on NSE

Ceinsys Tech announced on Thursday that its shares have also been listed on the National Stock Exchange (NSE) to increase liquidity and visibility for investors.

The company was listed on the BSE in 2014, according to a statement.
 
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ashish kacholia caperize fina ceinsys tech equity listings fund offering investment lic mutual fund maiq growth scheme nse (national stock exchange) private equity roots ventures semiconductor industry technology funds unicorn india ventures vervesemi
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