News on Medial

Trillion Dollar Ventures launches Rs 50 Cr Fund II

EntrackrEntrackr · 9m ago
Trillion Dollar Ventures launches Rs 50 Cr Fund II
Medial

Venture capital firm Trillion Dollar Ventures (TDV) has launched its second fund with a total corpus of Rs 50 crore, doubling its corpus size from the first fund. The new fund aims to support early-stage tech startups in India. TDV plans to back innovative founders and support companies in the pre-seed and seed stages with cheque sizes ranging from Rs 1-2 crore per startup. The fund’s goal is to collaborate with and nurture these companies. The VC firm will invest in business models such as platform plays, marketplaces, and exchange businesses across various consumer tech (B2C) categories, including spirituality tech, fintech, gaming, the creator economy, social media, and consumer upgrades. According to TDV, its investment strategy focuses on backing serial founders or those with deep domain expertise, with a strong preference for high-tech, low-operation businesses. The fund’s lifecycle is set between 5 to 7 years, with expectations to make 10-12 investments annually, starting capital deployment in Q3 FY25. TDV reports that its first fund provided exit opportunities within 2 years of investment, generating over 60% IRR. The firm has received strong commitments from limited partners (LPs) in India and countries like the US, UK, UAE, and Singapore, validating its early-stage investment model and high return potential. Its backers include top global unicorn founders, family offices, and CXOs across various industries. Launched in 2021 by Ujwal Sutaria, TDV is dedicated to investing in innovative founders and nurturing startups across sectors such as fintech, gaming, spirituality tech, and consumer tech, claiming to have backed more than 30 companies.

Related News

Warmup Ventures launches Rs 300 Cr founders-backed Fund II

EntrackrEntrackr · 7m ago
Warmup Ventures launches Rs 300 Cr founders-backed Fund II
Medial

Warmup Ventures has launched its second fund, Warmup Fund II, a SEBI-registered Category 2 AIF, with a corpus of Rs 300 crore. The fund will focus on transformative areas such as deep-tech, climate, and sustainability and plans to invest Rs 5–7 crore each in 25-30 early-stage startups across sectors, with a significant provision for follow-on rounds, Warmup Ventures said in a press release. Co-founded by Sharad Bansal, Rajendra Lora, and Yogesh Chaudhary, Warmup Ventures aims to bridge the gap between India's rich business heritage and its burgeoning innovation economy. By engaging family offices and second-generation entrepreneurs, the fund creates a unique platform that connects legacy businesses with future-forward startups. Warmup Ventures has backed over 15 startups. These include Bobabhai, scaling to more than 45 stores nationwide; Nitro Commerce, now hosting over 200 brands; Minimizes, a Li-ion battery recycling startup; RocketPay, a simplified payment collection app with over 5,000 merchants onboard; and Balwaan Krishi, which secured Rs 40 crore from JM Financial to advance agritech solutions for small and mid-size farmers. Warmup Ventures looks to go beyond funding by equipping early-stage founders with the knowledge and networks to make informed decisions and scale faster. The VC firm says that it harnesses the collaborative power of its network to create value for both portfolio startups and investors.

Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startups

EntrackrEntrackr · 10m ago
Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startups
Medial

Venture capital firm Capital A has launched its second fund, targeting a corpus of Rs 400 crore. This fund will be focused on backing sectors such as manufacturing, deeptech, climate and fintech startups. Fund II aims to identify innovative technologies and business models set to shape the future, Capital A said in a press release. Capital A says that its Fund I has supported and scaled many progressive startups including Chargeup, Bambrew, Jiraaf Leumas BharatSure and Entuple. The firm aims to have a strategy of combining operational expertise, strategic partnerships, and financial backing to foster sustained innovation. According to Capital A, it intends to invest in 17-20 companies and will cut cheques of $2-3 million over the lifecycle of the startup, with the first cheque ranging from $750K- $1 million. The investor base for Fund II will be primarily domestic, with backing from family offices, industry leaders, HNIs and likeminded LPs and returning partners from previous funds, like Manjushree Ventures. The firm aims to mark the final close of the fund by the end of 2025. Capital A aims to have an operational immersive role and provides tactical and long-term value for its portfolio companies and makes meaningful contributions to the broader ecosystem. As the firm embarks on the next phase with Fund II, it aims to support visionary entrepreneurs and advancing technologies that address some of the world’s most urgent challenges. Launched in 2021 by Ankit Kedia, Capital A backs startups across diverse sectors such as climate, deeptech, fintech and other tech-enabled businesses. It has invested in more than 20 startups, including Jiraaf, Rooter, Bambrew, Riskcovry, and Tan90 amongst others.

Download the medial app to read full posts, comements and news.