Mirae Asset's MAVI Raises ₹1,125 Crore in First Close of Venture Opportunity Fund II

Venture Capital

13 August 2026 at 12:07 pm

Mirae Asset's MAVI Raises ₹1,125 Crore in First Close of Venture Opportunity Fund II

HyperFast News

Summary

Mirae Asset Venture Investments (MAVI) has successfully raised Rs 1,125 crore in the first close of its Rs 1,800 crore Mirae Asset Venture Opportunity Fund – II (MAVOF II), backed by the Unicorn Growth Fund. This fund aims to support early-growth businesses in India across technology platforms, AI/software, deeptech, advanced manufacturing, and consumer discretionary sectors, addressing the funding gap between Series B and Series D stages.

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