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Triton Fund II Eyes Growth in B2B Tech, Deeptech, AI With Rs 240 Crore Fundraise

OutlookIndia · 4m

Triton Ventures, a Mumbai-based venture capital firm, has announced the first close of Triton Fund II at Rs 240 crore ($28 million). Focused on B2B tech, deeptech, and AI, the fund will invest in pre-Series A and Series A rounds, with initial investments of Rs 8-16 crore per startup. Building on the success of Fund I, Triton aims to support transformative companies in India, emphasizing sectors like Enterprise SaaS, SMB tech, Agentic AI, and Deeptech.