On Wednesday, the M12 Microsoft venture Fund announced its establishment in Bengaluru to raise investment opportunities.
The M12 network, including San Francisco, Seattle, London, and Tel Aviv, is now joined by the Bengaluru office.
The local office will look to invest in B2B software start-ups in the region in the fields of artificial intelligence, business applications, infrastructure, security, and vanguard technologies, according to a statement.
M12 plans to invest in disruptive enterprise tech startups in Series A through C funding stages, targeting both local and cross-border solutions, it added.
“The new office is a step forward in M12’s long-term commitment to the Indian startup ecosystem,” it noted.
M12 has already been investing remotely in India since 2019, with names like Innovaccer and FarEye included in its portfolio.
After investing, M12 startups may continue to work with the Portfolio Development team of the Fund.
M12 ‘s portfolio companies are actively assisted by connections to Microsoft’s go-to-market infrastructure, access to Microsoft technologies and internal thought leaders, marketing, and development teams to develop product integrations, according to the release.
Microsoft
