Officially launching its first Venture Capital Fund, Hyderabad Angels Fund (HAF) is a Category 1 Alternative Investment Fund (AIF) with an investable capital of INR 100 crore and an extra INR 50 crore greenshoe option.
This strategic fund is intended to concentrate on firms that prioritize scalability through artificial intelligence and technology.
using a strong commitment to follow-on investments to enable future growth, the fund plans to deploy up to INR 5 crore across 20 disruptive firms in pre-series A or series A that are positioned to scale using technology and AI.
As angel investors and seasoned business owners, we firmly believe that innovation has the power to change the world. According to HAF’s managing partners Sri Myneni and Kishore Ganji, “We are building HAF as a dynamic, collaboration-driven platform where founders not only secure financial backing but also tap into the collective wisdom of accomplished Limited Partners (LPs) who themselves are successful entrepreneurs.”
