Hyderabad Angels Fund eyes GenAI, spacetech
Hyderabad-based angel investment firm Hyderabad Angels Fund is sharpening its focus on generative AI, spacetech and deeptech as it steps up deployments from its debut fund amid a shift in the startup funding environment towards fundamentals and execution.
The firm launched its first fund in 2023, a Rs 100 crore vehicle with a Rs 50 crore green-shoe option, and is looking to back startups at what it describes as a critical inflexion point of growth — companies that have moved from zero to one and are preparing to scale from one to ten. Some of its notable investments so far include STAN, Dhruva Space and Bamboobox AI.
