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.