Hyderabad Angels Fund launches ₹150 crore VC fund for startups

Hyderabad Angels Fund (HAF) has announced the launch of its first venture capital fund, a Category 1 Alternative Investment Fund (AIF), with a target corpus of Rs 150 crore. The fund, which has already achieved its first close at Rs 50 crore, will prioritize ventures where technology and AI play pivotal roles in driving scalability.