StartupsINVESTAnnounced
Spark Capital launched Midas Fund II and reported ₹1,200 crore raised toward ₹1,500 crore target
Chennai, Tamil Nadu31 Jul 2026
Spark Capital Group said its late-stage private equity vehicle Midas Fund II, launched in July 2026, has raised ₹1,200 crore within seven weeks toward a planned ₹1,500-crore target. The fund is yet to make any investments, according to the report.
Why it matters
A closed/raised corpus for a late-stage fund increases available growth capital for Indian companies seeking financing beyond venture rounds and bank debt, even before deployments begin.
Spark Capital GroupSpark Midas Investment Funds