First office in India for Microsoft’s venture fund; will pursue investment opportunities across the country
News Correspondent, abptakmaa, Kolkata, 10th June 2020 : M12, Microsoft’s venture fund, announced its local presence in India with the opening of an office in Bengaluru. The office will pursue investment opportunities across the region, focusing on B2B software startups in the sectors of applied AI, business applications, infrastructure, security, and vanguard technologies. M12 seeks to invest in disruptive enterprise software startups in the Series A through C funding stages, targeting both local and cross-border solutions.
The new office is a step forward in M12’s long-term commitment to the Indian startup ecosystem. The deep technical and business talent from India’s world-class engineering schools and major R&D centers are among the primary draws to the region.
M12 has already been remotely investing in India since 2019; its portfolio includes category leaders such as Innovaccer and FarEye. In 2019, the fund hosted a marquee summit in Bengaluru to share thought leadership in technology trends with influential leaders from startups and venture capital funds. Publicity : Carepediem Communique.