Warmup Ventures launches Rs. 300 crore-valued 'Warmup Fund II'
With a corpus of Rs. 300 crore, Warmup Ventures has launched its second fund, Warmup Fund II, a Category 2 AIF registered with SEBI.
According to a press release from Warmup Ventures, the fund will prioritize disruptive industries like deep tech, sustainability, and the climate. It intends to invest Rs. 5-7 crore in each of 25–30 early-stage startups across industries, with a sizeable contingency for subsequent rounds.
Warmup Ventures, which was co-founded by Rajendra Lora, Yogesh Chaudhary, and Sharad Bansal, aims to close the gap between India's burgeoning innovation economy and its rich business heritage. Through its involvement with family offices and second-generation entrepreneurs, the fund establishes a special conduit between forward-thinking startups and legacy businesses.
Warmup Ventures has supported more than fifteen startups. These include Minimines, a startup focused on recycling Li-ion batteries; Bobabhai, which has expanded to over 45 stores nationwide; Nitro Commerce, which currently hosts over 200 brands; RocketPay, an app that streamlines payment collection and has over 5,000 merchants on board; and Balwaan Krishi, which has raised Rs. 40 crore from JM Financial to advance agritech solutions for small and mid-size farmers.
Having gone through the founder's journey ourselves, we are acutely aware of how crucial the right funding is to a venture's success. Warmup Venture’s Managing Partner Sharad Bansal continued, "We are committed to going above and beyond funding at Warmup by giving early-stage entrepreneurs the skills and networks they need to make wise decisions and scale more quickly.
According to a press release from Warmup Ventures, the fund will prioritize disruptive industries like deep tech, sustainability, and the climate. It intends to invest Rs. 5-7 crore in each of 25–30 early-stage startups across industries, with a sizeable contingency for subsequent rounds.
Warmup Ventures, which was co-founded by Rajendra Lora, Yogesh Chaudhary, and Sharad Bansal, aims to close the gap between India's burgeoning innovation economy and its rich business heritage. Through its involvement with family offices and second-generation entrepreneurs, the fund establishes a special conduit between forward-thinking startups and legacy businesses.
Warmup Ventures has supported more than fifteen startups. These include Minimines, a startup focused on recycling Li-ion batteries; Bobabhai, which has expanded to over 45 stores nationwide; Nitro Commerce, which currently hosts over 200 brands; RocketPay, an app that streamlines payment collection and has over 5,000 merchants on board; and Balwaan Krishi, which has raised Rs. 40 crore from JM Financial to advance agritech solutions for small and mid-size farmers.
Having gone through the founder's journey ourselves, we are acutely aware of how crucial the right funding is to a venture's success. Warmup Venture’s Managing Partner Sharad Bansal continued, "We are committed to going above and beyond funding at Warmup by giving early-stage entrepreneurs the skills and networks they need to make wise decisions and scale more quickly.
.jpg "Innovating Legal Solutions to Safeguard your Business")
