StartupXseed Ventures, a strategic seed funding company, has launched Aaruha Technology Fund (SEBI Registered), to invest in startups focussing around areas of High Technology Businesses including Security, Semicon and Embedded Devices.
The vision of the company is to enrich and provide a stronger holistic support to the start-up ecosystem in India in general and Bangalore/Hyderabad in particular and aims to provide end-to-end support to the seed level companies, in line with the country's current focus on "Make in India".
BV Naidu (pictured), Managing Partner, StartupXseed, says: "We are glad to announce the launch of Aaruha Technology Fund. The start-up revolution in India is at its peak, and our aim is to nurture this eco-system by utilising the best available resources. This is a testament of our endeavour towards improving the start-up culture in India. StartupXseed is a unique programme combined with Seed fund, Strategic support, Market Access, Mentorship and closely supported by the Investor/advisory board of StartupXseed that will help transform start-ups into real businesses making significant impact on society at large."
TV Mohandas Pai, says: "We are seeing a large number of exciting Deep Tech Start-ups who need expert guidance and seed capital. Aaruha is committed to being the Investor of choice for these start-ups."
V Balakrishnan, Chairman, StartupXseed, says: "We carefully brought in the key differentiators like Networked Incubator Programme, International Relationships and tie-ups for follow-on funding to ensure our investee companies seamlessly graduate to the next level."