Micro VC firm AJVC launches Rs.100-Cr fund

Aviral Bhatnagar, who led enterprise software and artificial intelligence (AI) investments for Venture Highway, has launched a new investment firm called AJVC to back early-stage startups. The firm will focus on pre-seed stage investments across sectors through its first fund targeting INR 100 crore in corpus.AJVC has so far raised capital from family offices, high-net-worth individuals (HNIs), and founders of large Indian startups. The micro VC firm will look at making investments in over 30 startups over the next three to four years.