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Triton, a Mumbai VC firm, reaches first close on second fund with ₹120 crore for early-stage tech startups.
Mumbai-based venture capital firm Triton has reached the first close of its second fund, raising ₹120 crore out of a targeted ₹240 crore.
The fund will focus on early-stage B2B technology and tech-enabled services, investing in pre-Series A and Series A rounds with initial investments of ₹8-16 crore per company.
Triton's first fund had a 100% success rate, and the new fund aims to support startups in sectors like enterprise SaaS, AI, and tech-enabled services.
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Triton, una firma de VC de Mumbai, alcanza el primer cierre en el segundo fondo con 120 crores para startups de tecnología en etapas tempranas.