StartupXseed Ventures has closed its second fund (Fund II) after raising $30 M.
In the upcoming 12 months, Fund II will invest between INR 5 Cr and INR 12 Cr in 8-10 enterprise SaaS and deeptech firms.
The fund has been backed by ultra high net-worth individuals (UHNIs), family offices, corporates across India, the US, Singapore, Oman and Japan, among others.
StartupXseed Ventures mostly finances firms in their seed and growth stages. Currently, it manages investments for the Aaruha Technology Fund I and II.
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