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Investment Fund

Growx Ventures Fund II

Overview

growX Ventures, a Bengaluru-based venture firm, launched Fund II with a target corpus of Rs 400 crore (~$47.1 million), with first close expected around end of 2024/2025. The sector-agnostic fund focuses on Seed and early-growth (Series B) startups across semiconductors, defence tech, space tech, alternate materials, advanced manufacturing, fintech, healthtech, and supply chain/logistics, planning to back 20-24 startups with cheque sizes of Rs 10 crore (seed) to Rs 20-30 crore (Series B).

Key Facts

Vintage year
2024
Managed by
Growx Ventures
Fund size
USD 47M
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Last updated April 18, 2026