Venture capital firm India Quotient announced the close of its fifth and largest fund at $129 million, reflecting strong investor interest in India’s early-stage ecosystem. The firm plans to focus on SaaS, fintech, and consumer-tech startups, expanding its portfolio beyond metros. With this raise, India Quotient’s total assets under management exceed $390 million. Limited partners include global institutional investors and family offices. Analysts see the fund as pivotal in fueling innovation within India’s next wave of technology-led entrepreneurship and regional startup growth.