Fund News

Triton marks first close of second VC fund at Rs.120-Cr

Inc42  

Early stage-focused venture capital firm Triton has marked the first close of its INR 240 crore Triton Fund II at INR 120 crore to fuel growth of B2B (business-to-business) tech startups.The second fund will focus on enterprise SaaS, SMB tech, agentic AI, deep-tech and tech-enabled services, in Pre-Series A and Series A funding rounds. The initial average ticket size will be from INR 8-16 crore. The fund also has a greenshoe option of INR 120 crore.

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