With a corpus of Rs 300 crore, Warmup Ventures has launched Warmup Fund II, its second fund. It is a Category 2 AIF registered with SEBI.
With an emphasis on deep technology, climate change, and sustainability, this fund intends to invest Rs 5–7 crore each in 25–30 early-stage entrepreneurs in several industries, with a sizeable contingency for subsequent rounds.
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Warmup Ventures was founded as a syndicate fund in the middle of 2023 and has supported more than 15 businesses. Bobabhai, Nitro Commerce, MiniMines, RocketPay, and Balwaan Krishi are a few of these.
In addition to providing capital, Warmup Ventures aims to give early-stage founders the networks and expertise they need to make wise choices and grow more quickly. According to the venture capital firm, it uses the network’s collective strength to generate value for investors and portfolio startups.
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About Warmup Ventures
Founded in mid 2023 by Sharad Bansal, Rajendra Lora, and Yogesh Chaudhary, Warmup Ventures is a a founders led sector agnostic technology-focused micro-VC fund investing in seed and pre-seed stage companies with an emphasis on green signals indicating high-quality teams.