Hyderabad Angels launches venture capital fund for diverse set of investors: Check eligibility

Hyderabad Angels Fund (HAF) has unveiled the launch of its inaugural venture capital fund, a Category 1 Alternative Investment Fund (AIF), boasting a substantial investable corpus of Rs 100 crore, with an additional greenshoe option of Rs 50 crore.

This fund draws support from a diverse set of investors, including seasoned entrepreneurs and industry leaders across sectors such as pharmaceuticals, health sciences, technology, and sustainability. Notably, the management partners themselves constitute the largest contributors to the fund.

With a strategic focus on nurturing disruptive startups leveraging technology and AI, HAF intends to allocate up to Rs 5 crore to each of the selected 20 ventures during their Pre-Series A and Series A stages. The fund underscores its commitment to facilitating future growth through sustained follow-on investments.

Founded in 2012, Hyderabad Angels (HA) serves as a pivotal platform bridging angel investors with emerging entrepreneurs possessing innovative business propositions. Its overarching mission is to foster and empower aspiring entrepreneurs, channeling investments into promising startups worldwide to generate both tangible and intangible value.

HAF's investment scope extends beyond national borders, actively seeking and engaging with opportunities not only within India but also in countries like the USA, UK, Singapore, and UAE. Emphasizing collaboration, the platform actively partners with other angel networks, incubators, accelerators, and educational institutions across the globe, fostering an environment conducive to dialogue, ideation, co-investment, and knowledge-sharing.