BlueGreen Ventures, co-founded by Rajeev Suri and Anup Jain, has launched its first venture capital fund with a target of $75 million. The fund employs a dual investment strategy focusing on early-stage companies and more mature firms nearing IPO. Investments in early-stage ventures will range from Rs 7-12 crore, while secondary funding for mature companies will be between Rs 20-30 crore. The firm has garnered significant interest from limited partners and aims to support sustainable initiatives. Strategic adviser Sophie Lambin will enhance their climate-focused efforts, promoting renewable energy and sustainable practices in business models.