In an exciting development for the startup ecosystem, Trillion Dollar Ventures (TDV), an early-stage micro venture capital firm, has unveiled a ₹50-crore fund aimed at pre-seed and seed-stage startups. This marks the firm’s second fund, designed to support innovative founders with a global vision from the outset.
The average investment per startup will range from ₹1 to ₹2 crore, focusing on sectors such as Spirituality Tech, Fintech, Gaming, the Creator Economy, Social Media, and Consumer Upgrades. Ujwal Sutaria, Founder and General Partner at TDV Partners, highlighted the firm’s strategy: “We are committed to investing in diverse business models like platforms and marketplaces that are shaping consumer tech.”
Founded in 2021, TDV stands out in India for targeting niche segments like spiritual technology. With a lifecycle of just 5 to 7 years, this fund promises quicker returns for investors compared to the traditional 10 to 12-year cycles.
“Our successful track record from our first fund encouraged us to double our target corpus this time,” Sutaria stated. “We provided exit opportunities within two years of investment, demonstrating our commitment to supporting our portfolio companies.”
Addressing the challenges faced by founders in raising capital, he noted, “The limited number of pre-seed funds in India creates bottlenecks for visionary entrepreneurs. We aim to fill this gap by offering not just financial backing, but also essential support and resources for growth.”
TDV Partners plans to execute 10 to 12 investments annually through this new initiative, reinforcing its dedication to fostering innovation in the startup landscape.