Fund News
Hyderabad Angel Fund launches Rs.100-Cr fund
Hyderabad Angel Fund (Haf.vc) has launched a new INR 100-crore fund, which includes a INR 50-crore green-shoe option, dedicated to backing early-stage startups. The firm has already received 62% of the commitments towards its target corpus.The fund would invest in 15-20 startups, focusing on sectors such as generative AI, gaming, space tech, drones, health tech, consumer tech, and sustainability. The average cheque size will range from INR 2 crore to INR 4 crore, with provisions to reserve funds for follow-on rounds.
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