IAN Group marks final close of $100 million IAN Alpha Fund
10 Dec 2025, 06:01 PMLimited Partners (LPs), or investors in the fund include government entities such as the Fund of Funds for Startups managed by SIDBI.
Team Head&Tale
The IAN Group, formerly Indian Angel Network, has marked the final close of its second venture capital fund IAN Alpha Fund at $100 million.
Limited Partners (LPs), or investors in the fund include government entities such as the Fund of Funds for Startups managed by SIDBI, Self Reliant India Fund, ACE Fund, Odisha Startup Growth Fund, and Agri Sure Fund of Funds Scheme managed by Nabventures Ltd.
Institutional investors including Buimerc Corporation Ltd, Dubai, HDFC Life, DS Group Family Office, National Bank for Agriculture and Rural Development, alongside select family offices and individual investors also invested in the fund.
Notably, a significant portion of the corpus has been contributed by returning investors, it said.
The fund invests in sectors such as artificial intelligence, space tech, semiconductors, climate, healthcare, and other frontier domains.
"India's biggest opportunity is to transform its problems into innovation-driven businesses," said Saurabh Srivastava, co-founder, IAN Group, "The fund aims to breed companies that bring a paradigm shift to industry and become global leaders," he added.
The IAN Group has invested in startups such as Spinny, Druva and Uniphore.



