Agentic artificial intelligence-focused venture fund Wyser Capital has announced the first close of ₹50 crore for its debut fund, marking an important milestone in its fundraising journey. Founded by Suresh Vaswani, Supria Dhanda, and Satyakam Mohanty, the fund aims to raise a total corpus of ₹200 crore over the next 18 to 24 months.
The overall fund structure includes ₹120 crore in fresh capital, while an additional ₹80 crore will remain available through a green shoe option. Moreover, Wyser Capital plans to invest between ₹2 crore and ₹5 crore per startup and will reserve follow-on capital for high-performing portfolio companies as they scale.
This fundraising effort comes amid a sharp rise in AI-focused venture capital activity across India. As interest in artificial intelligence accelerates, several funds have either launched with an AI-first mandate or pivoted toward the sector. In recent years, platforms such as Activate, SenseAI, and Boundless Ventures have gained traction, while established SaaS-focused funds like Upekkha and Together Fund have increasingly aligned their strategies with AI-driven opportunities.
Meanwhile, Supria Dhanda revealed that Wyser Capital has already completed two investments in the warehousing segment, signalling early deployment momentum. Going forward, the fund will focus on startups building solutions across vertical AI, developer tooling, and core AI infrastructure. In addition, Wyser Capital will actively back enterprise-focused physical AI ventures serving sectors such as healthcare, retail, and e-commerce, as well as supply chain and logistics.
By concentrating on applied and agentic AI use cases, the fund aims to support companies that combine deep technology with real-world impact. Consequently, Wyser Capital seeks to position itself as an early partner for founders building scalable AI-driven businesses across critical industries.
