Morphosis appoints Apex for new VC fund

Morphosis Venture Capital Limited has appointed Apex to provide fund services to Alicorn India Fund 1 LP. Morphosis, which is regulated by the Dubai Financial Services Authority, is a venture capital firm and accelerator, investing in early-stage tech-first start-ups. Alicorn India Fund 1 LP is a USD100m fund focused on India, with an emphasis on ESG, B2B/SAAS and deep tech. Apex will provide fund administration, corporate secretarial and tax reporting services.

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