HDFC Life has invested in Z3Partners’ new fund named ‘Z3Partners Tech Fund’ which is a tech and digital investment focused Venture Capital (VC) fund. Z3 Partners, which is currently raising this Fund of Rs. 500 crore, has already backed best quality startups like Cyfirma, DealShare, Gramophone, Shipsy, and True-Fan.Z3Partners is founded by Gautam Patel whose prior investments have been BigBasket, MedGenome, OFBusiness, Pepperfry, etc.