StartupXseed Ventures, announces an Rs.200 Cr Fund II, focussed at investing in Deep Tech, B2B focussed companies, from Seed to Early Growth Stages. The Fund announced its first closing with Rs.65 Crores of Commitments from Existing & new LPs and plans to complete the fundraising in the next 6-9 months. Founded by Mr. B. V. Naidu (Former Director STPI) and Mr. Ravi Thakur, along with Mr. Mohandas Pai (through Aarin Capital), V. Balakrishnan, and other like-minded leaders from the Industry, in a short span the fund has found its niche in investing into 12 Deep Tech, disruptive companies and also exited 3 investments. Fund – I returned 35% of the principal much before it had completed the final drawdown and investment cycle.