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Hyderabad Angels Fund Launches Game-Changing Venture Capital Fund

Hyderabad Angels Fund (HAF) is set to make a significant impact in the startup ecosystem with the launch of its maiden venture capital fund. With an initial corpus of Rs 100 crore and the option to increase it by another Rs 50 crore, this Category 1 Alternative Investment Fund (AIF) is poised to provide a crucial boost to entrepreneurs in India and abroad.

What sets HAF apart is not just its impressive financial backing, but also the caliber of its investors and management partners. The fund boasts an impressive roster of serial entrepreneurs and business leaders from a diverse range of sectors such as pharma, health sciences, tech, and sustainability. Furthermore, the management partners themselves are the largest investors in the fund, further bolstering its credibility and commitment.

The fund’s target is clear – to identify and support disruptive startups that have the potential to scale with the help of technology and artificial intelligence. The focus is on Pre-Series A and Series A startups, with a commitment to follow-on investments to ensure sustained growth. By offering a combination of capital, expertise, and network, HAF aims to nurture and empower these startups to achieve their full potential.

One of the unique aspects of HAF is its extensive reach and global outlook. While it sources opportunities from all over India, it also actively seeks out investments from overseas countries such as the USA, UK, Singapore, and UAE. The fund actively collaborates with other angel networks, incubators, accelerators, and institutes, creating a vibrant ecosystem where ideas are shared, investments are co-created, and knowledge is exchanged.

The launch of HAF’s venture capital fund comes at a crucial time when startups are grappling with the challenges posed by the COVID-19 pandemic. By providing much-needed financial support and guidance, HAF has positioned itself as a key player in nurturing innovation and driving economic growth. The fund’s ambitious goal of supporting 20 startups with investments of up to Rs 5 crore each showcases its dedication to fostering entrepreneurship and revolutionizing the startup landscape.

In conclusion, HAF’s maiden venture capital fund marks a significant milestone in the startup ecosystem, signaling a strong commitment to support disruptive startups and drive innovation. With its impressive investor base, global focus, and commitment to follow-on investments, HAF is well-positioned to make a lasting impact on the industry. This initiative not only showcases the immense potential of the Indian startup ecosystem but also highlights the importance of fostering entrepreneurship for economic growth and societal development.

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