Trillion Dollar Ventures floats Rs.50-Cr second fund to back seed stage cos

Hyderabad-based early-stage focused venture capital firm Trillion Dollar Ventures (TDV) has floated its second fund with a target corpus of INR 50 crore (USD 5.9 million).The fund, which targets pre-seed and seed stage startups, seeks to back firms with an average ticket size of INR 1-2 crore.The new fund will back startups with business models around platform plays, marketplaces, and exchange businesses across consumer-tech (B2C) categories. This would include spiritual-tech, fintech, gaming, creator economy, social and consumer upgrade.Launched in 2021 by Ujwal Sutaria, TDV Partners investments include TRADE X, Rupicard, Siftly, Spintly and Nector.