Trillion Dollar Ventures Unveils Second Fund for Innovative Startups

Trillion Dollar Ventures has launched a Rs 50 crore second fund to invest in sectors such as spirituality tech, fintech, and gaming. The firm plans to deploy the capital starting FY25's third quarter and aims to support early-stage startups with platform plays and marketplaces.

Early-stage venture capital firm Trillion Dollar Ventures (TDV) announced the initiation of their second fund, with a corpus totalling Rs 50 crore, aimed at backing industries including spirituality tech, fintech, and gaming.

The capital deployment is slated to commence from the third quarter of FY25, enabling targeted investments in emerging consumer tech models such as platform plays and marketplaces, according to a statement from TDV.

Ujwal Sutaria, founder and GP of TDV Partners, highlighted the existing scarcity of pre-seed funds in India, describing it as a bottleneck. TDV aims to bridge this gap by offering startups not only capital but also strategic support for their growth.

(With inputs from agencies.)