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Hyderabad Angels Fund Launches Rs 150 Cr Maiden Fund To Back Early-stage Startups

The fund aims to allocate up to Rs 5 crore across 20 companies, prioritising ventures where technology and AI play pivotal roles in driving scalability, according to media reports

Hyderabad Angels Fund (HAF) has announced the launch of its debut Venture Capital Fund, designated as a Category 1 Alternative Investment Fund (AIF), with a target corpus of Rs 150 crore. The sector-agnostic fund has achieved its first close at Rs 50 crore.

The fund aims to allocate up to Rs 5 crore across 20 companies, prioritising ventures where technology and AI play pivotal roles in driving scalability. Emphasising sustainable business models and robust monetization strategies, HAF aims to invest in startups positioned for growth in the Pre-Series A/Series A stages, with a strong commitment to follow-on investments to bolster future expansion.

According to a statement released by the company, the fund's investor base comprises serial entrepreneurs and business leaders from various sectors, including Pharma, Health Sciences, and Technology. Notably, the management partners themselves are the largest investors in the fund.

Drawing from Hyderabad Angels' extensive investment experience spanning over a decade, the fund strategically leverages the mentorship of Hyderabad's serial entrepreneurs and investors across diverse sectors, positioning itself as a catalyst for the growth and success of early-stage ventures in the region.


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