[[{“value”:”Hyderabad Angel Fund (haf.vc) on Thursday announced a Rs 100 crore venture capital initiative to back high-potential startups across the country in areas such as generative AI, gaming, spacetech, and drones.
The fund plans to invest in 15-20 startups across emerging and high-growth sectors.
On its radar are areas such as generative AI, gaming, SpaceTech, drones, HealthTech, consumer tech, FinTech, enterprise SaaS, and sustainability.
“As India’s early-stage investment landscape begins to rebound after a cautious 2024, Hyderabad Angel Fund (haf.vc) has announced a Rs 100 crore venture capital initiative to back high-potential startups across the country,” the release said.
The investments would typically range from Rs 2-4 crore per company, with reserves for follow-on rounds to support scaling ventures.
“Haf.vc has already identified 3 potential startups with termsheet and completed investment in one,” the Sebi-registered Venture Capital Fund said.
Kalyan Sivalenka, Managing Direc”}]]
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