Silicon Road Ventures, ex-BofA India MD form Rs 150-crore fund for investing in agentic AI startups
US-based venture capital fund Silicon Road Ventures (SRV) has partnered with former Bank of America India managing director Ajay Mahajan to form an alternative investment fund (AIF) to invest in early-stage startups building agentic AI solutions in the B2B commerce technology space.
Such solutions would focus on businesses like multi-channel commerce, supply chain and logistics, fintech, consumer insights and retail operations, said Mahajan. The AIF, with a Rs 150-crore corpus, has received category-II registration from Sebi.
