Bengaluru-based StartupXseed Ventures has launched its second fund of ₹200 crore, that will focus on early-stage investment in start-ups focused on deep technologies.
The sector agnostic seed and early stage venture capital fund was founded five years back by B. V. Naidu, former director, Software Technology Parks of India, Mohan Das Pai, co-founder of Aarin Capital, Ravi Thakur and other entrepreneurs. Out of ₹200 crore, ₹65 crore has been raised from individual technocrats and the balance amount will be raised over the next 6-9 months.