StartupsINVESTAnnounced
Mirae Asset Venture Opportunity Fund II marks first close at ₹1,125 crore
Mumbai, Maharashtra13 Aug 2026
Mirae Asset Venture Investments (MAVI) India marked the first close of its second fund, Mirae Asset Venture Opportunity Fund II, at ₹1,125 crore ($117.9 Mn). The fund targets a ₹1,800 crore corpus with a ₹700 crore green-shoe option and is intended to invest in Series B to Series D Indian startups across areas including consumer tech, AI, SaaS, deeptech and advanced manufacturing.
Why it matters
A first close commits capital that can be deployed into growth-stage Indian companies, potentially enabling scaling and expansion for funded startups.
Mirae Asset Venture Investments India