Cornerstone Ventures, a enterprise capital agency specializing in B2B Enterprise expertise investments, has launched its second fund, with a goal dimension of $200 million. It’s going to embody a green-shoe choice which allows underwriters to promote further shares past the unique providing dimension, offering flexibility to fulfill investor demand.

The fund seeks to generate substantial worth for entrepreneurs, extending past mere capital infusion. It presents entry to an intensive enterprise buyer community, strategic funding from subsequent spherical buyers, and an enormous array of mentors and go-to-market collaborators.

The fund’s funding technique is characterised by a multi-stage method, primarily specializing in early development stage VC investments. It presents versatile ticket sizes starting from $5 million to $15 million, permitting for the exploration of numerous funding alternatives. By leveraging vertical specialisations, Cornerstone Ventures goals to grab alternatives with scaled B2B innovators which can be poised for important worth creation and have a well-defined path to liquidity occasions.

This fund will prioritise investments in rising B2B expertise prospects spanning software program platforms and marketplaces throughout numerous industries like monetary providers and insurance coverage, retail, shopper items and e-commerce, distribution and provide chain, healthcare services, and sector agnostic core expertise improvements. It goals to concentrate on early development stage firms able to reshaping enterprise operations and fostering sustainable development in an ever-changing expertise surroundings, poised for quite a few inflection factors.

Says Abhishek Prasad, Managing Associate, Cornerstone Ventures, “Our second fund builds on the success of Fund-I, and underscores our dedication to supporting rising B2B Enterprise Tech alternatives. We goal to again among the largest worth creators on this house of ‘Subsequent Technology Enterprise Applied sciences’, whether or not constructing in India for the world or constructing solely for the home market.”

Cornerstone Ventures Fund’s predecessor, Fund-I, launched in 2019 with a dimension of roughly $50 Million, has been deployed throughout 21 portfolio firms.

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