Triton VC Launches ₹240 Crore Fund II to Fuel B2B Tech Growth in India

Mumbai-based venture capital firm Triton has announced the first close of its second fund, raising ₹120 crore out of a targeted ₹240 crore. The new fund, over five times larger than its predecessor, will focus on early-stage B2B technology and tech-enabled services. Triton Fund II aims to invest in pre-Series A and Series A rounds, with initial investments ranging from ₹8-16 crore per company. The firm will target sectors such as enterprise SaaS, agentic AI, and deeptech, building on the success of its first fund which backed companies like Recykal and ZingHR.

Sources: YourStory, Financial Express, VCCircle.