Hyderabad Angel Fund launches ₹100 cr VC to fuel startup growth

Hyderabad Angel Fund (haf.vc) has launched a ₹100 crore venture capital initiative aimed at investing in high-potential startups across India, with a focus on emerging sectors such as generative AI, gaming, spacetech, drones, healthtech, fintech, and sustainability.

According to a company statement, the fund plans to invest in 15–20 early-stage startups, deploying ₹2–4 crore per company, with additional reserves for follow-on rounds to help ventures scale. The Sebi-registered venture capital fund has already identified three potential startups, finalized termsheets, and completed its first investment.

“As India’s early-stage investment ecosystem rebounds after a cautious 2024, regional funds like ours are playing a crucial role in fostering innovation and entrepreneurship,” said Kalyan Sivalenka, Managing Director of Hyderabad Angel Fund. “With this ₹100 crore fund, we aim to back credible founders building innovative and sustainable businesses.”

The fund has already secured 62% of its target corpus and is in advanced talks to raise its first institutional cheque. The total ₹100 crore corpus also includes a ₹50 crore greenshoe option, reflecting strong investor demand for exposure to India’s growing early-stage innovation landscape.

Through this initiative, Hyderabad Angel Fund aims to accelerate growth in India’s startup ecosystem by providing both capital and mentorship to promising entrepreneurs across the country.