Micro VC firm Volt VC launches Rs 45-Cr fund

Ahmedabad-based Volt VC, a micro venture capital firm, has announced the launch of its inaugural fund.The Volt VC Fund-1 aims to raise a corpus of INR 45 crore to invest in around 20-25 consumer-centric startups at the pre-seed stage across various sectors, with a particular focus on direct-to-consumer (D2C), business-to-consumer (B2C), and business-to-business-to-consumer (B2B2C) models. The fund plans to write cheques ranging from INR 50 lakh to INR 2 crore, with investments pooled from ultra-high-net-worth individuals (UHNIs), entrepreneurs, and startup founders.Volt VC was founded by Param Patel, who previously led startup investments at Gujarat Venture Finance Limited (GVFL) and served as the chief investment officer and a founding fund team member at the asset tokenisation platform Terazo.