M12 Opens India Office in Bengaluru
Formerly known as Microsoft Ventures, M12 has been remotely in India since 2019 with investment in startups such as Innovaccer and FarEye, and is now looking at segments such as applied AI, business applications, infrastructure, security, and vanguard technologies. The India office of M12 joins with other locations such as San Francisco, Seattle, London, and Tel Aviv. The VC fund invests in enterprise software start-ups from Series A through C funding targeting opportunities which are both local and cross-border. Since its founding in 2016, M12 has invested in 90 companies. A financial- and founder-focussed fund, M12 maintains a technology-agnostic approach to investments. Microsoft is closely integrated with the Indian startup ecosystem and has launched several initiatives. It has got the Microsoft for Startup programmes, which provides deep mentorship for these young companies. Besides, Microsoft also has business development that engages on strategic M&A.
Tags : INTERNATIONAL