Beowulf is a decentralised cloud network for communication services.
HK-based MindWorks Ventures and existing backers Fresco Capital and Wavemaker Partners joined the oversubscribed round.
The VC firm closed its debut fund last year at $120 million.
Zhang Yiming, founder and CEO of Bytedance, becomes a board member of the US company.
Indian startups received $4.8 billion in the first half of 2019, only a quarter of China.
The fund aims to invest exclusively in B2B tech startups, including SaaS, artificial intelligence, machine learning, and Internet of Things.
Azani Sports is among the chosen eight for Sequoia India's Surge accelerator programme.
Ace Turtle is also in talks to raise additional equity financing from new investors in the ongoing Series B round.
The round was co-led by Insignia Ventures Partners, Wavemaker Partners and SEEDS Capital.
O4S will use the funding to strengthen its workforce, accelerate client acquisition, and build technology infrastructure.
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