Together Fund, a venture capital firm specializing in SaaS and AI startups, plans to close its $150 million Fund II by June 2025.
Co-founder and managing director Manav Garg confirmed the development, according to reports.
Headquartered in India, Together Fund focuses on early-stage investments and intends to back 19 to 20 AI startups with its second fund. Since its launch, the firm has invested in 31 startups across both funds, including Jhana, RapidClaims, WorkHack, Zipstack, and UiFlow.
With this latest funding initiative, Together Fund aims to strengthen India’s AI startup ecosystem, fostering innovation and driving growth in the sector.
