Mumbai-based Triton VC has achieved the first close of its second fund, targeting a total corpus of INR 240 crore (~USD 28 million). This marks a significant expansion—over five times the size of its initial fund. The focus remains clear: backing high-growth B2B tech and tech-enabled service startups.
Triton VC Fund II – Investment Strategy
Triton Fund II will target early-stage investments, particularly in pre-Series A and Series A rounds. The firm plans to deploy INR 8–16 crore per company, emphasizing:
- Enterprise SaaS
- SMB Tech
- Agentic AI
- DeepTech
- Tech-enabled services
This strategy extends Triton’s track record in funding transformative startups. Fund I delivered strong returns, boosting investor confidence and reinforcing the firm’s role in shaping India’s tech ecosystem.
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Triton’s Approach and Market Vision
Triton VC has built a reputation for its deep expertise in technology-driven businesses. With a reported 100% success rate across its portfolio, the firm emphasizes patient capital and hands-on strategic support.
Managing Partner Pradyumna Dalmia stated, “Fund II reflects our commitment to transformative companies. The success of Fund I positions us to create long-term value for both investors and startups.”
Partner Dev Raman noted a shift in founder strategy, stating, “High-quality entrepreneurs are prioritizing capital efficiency. Triton’s patient capital and strategic guidance will help them build resilient, scalable businesses.”
Portfolio and Market Presence
Triton has backed several notable startups, including Recykal, ZingHR, CamCom, and Bizom. Its sector-specific focus and hands-on approach make it a go-to partner for founders navigating India’s evolving tech landscape.
With Fund II, Triton aims to scale its impact, providing capital and expertise to the next wave of B2B tech innovators. The firm remains committed to fostering sustainable growth while strengthening its position in India’s venture capital ecosystem.