India, Feb. 10 -- Early stage-focused VC firm Triton has marked the first close of its INR 240 Cr second fund at INR 120 Cr to fuel growth of B2B tech startups.

The fund will focus on sectors, including enterprise SaaS, SMB tech, agentic AI, deeptech and tech-enabled services, in Pre-Series A and Series A funding rounds.

The initial average ticket size will be from INR 8 Cr to INR 16 Cr, the VC firm said.

"Triton Fund II reflects our dedication to driving innovation in B2B Tech and supporting the next generation of transformative companies in India," Triton managing partner Pradyumna Dalmia said.

The VC counts Recykal and ZingHR among its key portfolio companies.

(The story will be updated soon)

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