Private equity firm Amicus Capital Partners has closed its second fund, the Amicus Capital Partners India Fund II, at $214 million. They aim to close the fund at $200 million.
This fundraising effort follows the successful closure of the first fund and has backed 14 startups to date.
Key Highlights of the fund:
- The fund has plans to invest in 10-12 high-growth-potential startups across fintech, healthtech and manufacturing sectors.
- Initial check sizes range from INR 100 crore to INR 250 crore.
3. The fund prioritises small and medium-sized businesses in India.
Mahesh Parasuraman, Co-founder of Amicus, thanked the investor for their strong trust and shared on LinkedIn, “Exceeding our target is a testament to the belief that our investors have in us.”
This fund saw strong backing from domestic and international investors. Institutional investors like HDFC Fund Of Funds, SRI Funds, and NIIF contributed 95% of the funds.
Here are some recently launched funds that could support your startup:
1. 247VC – ₹250 Crore Fund
- Launch Date: May 2025
- Overview: Former 100X.VC partners launched 247VC with a ₹250 crore fund to invest in early-stage startups across consumer tech, deep tech and enterprise software. They intend to invest in 30 startups within the next three years.
2. 360 ONE Asset—₹500Crore Fund
- Launch Date: May 2025
- Overview: A ₹500 crore early-stage VC fund to back startups from seed to Series A rounds. The fund focuses on sectors such as consumer tech, fintech, GenAI, and emerging technologies like spacetech and precision manufacturing.
3. Bat VC—$100Million Fund
- Launch Date: May 2025
- Overview: New York-based Bat VC announced a $100 million second fund targeting early-stage startups in AI, fintech, and enterprise SaaS sectors across the USA and India. The investment checks range from $3 million to $5 million.
4. Kriscore Capital—₹100Crore Fund
- Launch Date: May 2025
- Overview: Kriscore Capital launched its first ₹100 crore fund, securing ₹50 crore from family offices and high-net-worth individuals. The fund plans to invest in 17–18 tech-driven startups solving large-scale challenges through technology-led solutions.
5. Swishin Ventures—$20Million Fund
- Launch Date: June 2025
- Overview: Swishin Ventures received SEBI’s Category 1 licence to launch a $20 million fund with a greenshoe option of $5 million. The fund aims to support startups in Tier-II and Tier-III cities, focusing on sectors like consumer services, BFSI, healthcare, and deep tech.
6. Speciale Invest—Fund III
- Launch Date: June 2025
- Overview: Deep-tech investor Speciale Invest plans to launch Fund III, slightly bigger than its ₹300 crore Fund II. The fund expects to back 5–6 startups in its first year with investment tickets ranging from $0.75 to 1 million.
