💻 Technology 4d ago · Anjali Jain

Exfinity Ventures Clocks 13X Return From CloudSEK Partial Exit

Inc42
Inc42 India tech
View Channel →
Exfinity Ventures Clocks 13X Return From CloudSEK Partial Exit
Source ↗ 👁 0 💬 0
Deeptech-focused venture capital (VC) firm Exfinity Venture Partners claims to have partially exited cybersecurity startup CloudSEK, with a 13X multiple on invested capital (MOIC) and a 40% internal rate of return (IRR). 
Speaking with Inc42, Exfinity managing partner Chinnu Senthilkumar said that the partial exit took place in January, when the VC firm sold a portion of its stake in CloudSEK to an existing investor in the startup. 
Despite the stake sale, Senthilkumar said that the investment f

Comments (0)

Sign in to join the discussion

More Like This

Walmart’s Gemini speaker leak suggests Google is opening up its ecosystem again
Android Authority · 8h ago
This open-source Windows clone just got a lot easier to install
XDA · 8h ago
📰
Sources: Anthropic is finalizing a deal for a $1.5B JV with Blackstone, Goldman Sachs, Hellman & Friedman, and others to sell AI tools to PE-backed companies (Wall Street Journal)
Techmeme · 8h ago
📰
Five Eyes spook shops warn agentic is too wonky for rapid rollout
The Register · 9h ago
Kissht’s IPO Pitch, Weekly Funding Rebounds & More
Inc42 Media · 9h ago
📰
Apple's handling of vibe coding apps draws complaints from startups like Replit and Anything that iOS App Store rules for their apps are applied erratically (Michael Acton/Financial Times)
Techmeme · 9h ago