Hyderabad Angel Fund (haf.vc) has rolled out a ₹100 crore venture capital fund aimed at supporting promising early-stage startups across the country. The VC fund wants to offer both capital and hands-on mentorship, strengthening the growing ecosystem of regional venture funds in India.
The fund will invest in 15–20 startups working in fast-growing sectors such as Generative AI, Gaming, SpaceTech, Drones, HealthTech, Consumer Tech, FinTech, Enterprise SaaS, and Sustainability. Ticket sizes will typically range from ₹2–4 crore, with additional reserves kept aside for follow-on rounds as companies scale.
HAF has already completed an investment in one startup and has term sheets out for three more. The fund has secured 62% of its targeted commitments and is currently in advanced talks to bring in its first institutional investor.
Why This Matters Now? Funds like HAF play a crucial role at a time when many early-stage founders struggle to raise their first meaningful cheques. Regional VCs not only bring capital but also local networks, market understanding, and hands-on support, which something large national funds often miss.
With India’s startup activity rapidly spreading beyond Tier-1 cities, initiatives like this can help unlock talent and innovation from smaller hubs, shaping a more balanced and resilient startup ecosystem over the next decade.
