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India’s Together Fund targets $150m for AI startups by 2025

Together Fund, a venture capital firm dedicated to SaaS and AI startups, is set to finalize its US$150 million Fund II by June 2025.

This information was confirmed by co-founder and managing director Manav Garg in a report by ET.

Based in India, Together Fund focuses on early-stage investments.

It aims to use its second fund to support 19 to 20 startups in the AI sector.

Since its inception, the firm has made a total of 31 investments across both funds.

The investments include startups such as Jhana, RapidClaims, WorkHack, Zipstack, and UiFlow.

Recent Together Fund developments

Timeline
27-Jul-2023 🚀 In 50 Words: Together Fund announces $150m vehicle for AI, SaaS investments
  • Together Fund II raises $150M for early-stage startups
  • Invests $1M to $5M in SaaS and AI companies
17-Nov-2022 🚀 Ex-Singtel, Stripe employees’ user research platform bags $1.3m
  • Betafi raises US$1.3M in pre-seed funding
  • Platform aids user research for product teams
25-Aug-2022 💰 Indian data privacy firm secures $14m from Sequoia, others
  • Privado raises $14M in Series A funding
  • Plans to enhance tech and grow open source community
23-Jun-2022 💰 Eight Roads-backed healthtech firm bags fresh funds
  • Spry raises funding to enhance therapy management
  • Total funds raised reach $10 million for growth

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