Auxano Capital raises $25 Mn to back early stage startups
Auxano Capital, an early stage venture capital, has raised $25 million for Indian startups through its network of high net worth individual, ultra high net worth individual and family offices.
According to Auxano, the funds will be utilised in its two-pronged investment strategy: business classification (category creator, market creator and market owner) and stage of business (seed, pre Series and Series A and Series B).
Auxano is a sector-agnostic VC firm looking to invest across fintech, enterprise SaaS, sustainable mobility, and agritech via its fund Auxano Entrepreneur Trust.
Founded by Brijesh Damodran, it has invested in more than 20 startups with a corpus of more than $7.5 million through special purpose vehicles and its fund. Some of its portfolio includes Petsutra, Stockal, Market Wolf, Unlu, EduGorilla and Med Delivery.
Auxano Capital has been investing in early stage startups since 2016. Their strategy involves investing in next-gen technology-led and consumer focused businesses driven by the subscription economy.
Auxano Capital seems to be an interesting startup with spurring new development on venture capital and private equity principals platform. I’m certain this startup would keep on flourishing in its excursion ahead. Congratulations on your startup. May this new business bring you huge success and fulfillment.Shishir Gupta, Founder and CEO, StartupLanes
If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.
You can subscribe to our news posts by entering your email in the box on the right side of this page.
Check out our YouTube channel for insightful content from the Indian startup ecosystem.
The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.
Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.