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# Indian VC Weave Capital launches $75 million venture fund
- URL: https://www.techloy.com/indian-vc-weave-capital-launches-75-million-venture-fund/
- Published: 2022-08-09T14:35:57.000Z
- Updated: 2022-12-07T22:04:23.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in India

[Weave Capital,](https://www.insiderbiz.in/company/SPVH-PRIVATE-LIMITED) a venture capital arm of SPVH Private Ltd. based in India has launched a $75 million venture fund, to invest in impact-making startups. 

- The fund will be invested in startups looking to raise Series B rounds.
- Weave Capital aims at deploying between $1 to $5 million in up to 15-20 startups across different stages.
- The deployment will commence at the close of the first raise of the fund which is $20 million.
- The fund is awaiting the approval of the Securities and Exchange Board of India (Sebi).