UAE's AUM Ventures launches $30-M India-focused VC fund

United Arab Emirates (UAE) based AUM Ventures has launched a new USD 30 million VC fund aimed at supporting tech/tech-enabled and consumer-focused Indian entrepreneurs. With locations in Abu Dhabi, Bengaluru and Mumbai, it has received an anchor commitment from a prominent family office. AUM Ventures aims to support Indian entrepreneurs who are looking to taking their startups to new markets and the Indian diaspora who want to build solutions for their home country.