New fund · Professional & Local Services

Cactus Partners plans second fund of ₹1,600 crore

By Startup Enthusiast · 27 July 2026

What they do

Cactus Partners is a venture capital firm that invests in early-stage startups

It plans a second fund with a ₹1,600 crore target to back 13–15 startups

The firm focuses on sectors like advanced manufacturing, enterprise tech, and defence

Cactus Partners plans to raise a second fund with a target corpus of ₹1,600 crore.
The fund is expected to back 13–15 startups.
Initial cheque size per startup will be ₹60–100 crore.
The fund targets startups raising $10–20 million and will lead rounds with $6–10 million.
General Partner Amit Sharma confirmed the plan for initial cheques of ₹60–100 crore.
The firm's maiden fund had a corpus of ₹630 crore and was fully deployed across 13 companies.
Maiden fund portfolio includes Lohum, Bellatrix Aerospace, Kapture CX, Indigrid Technologies, and Brandworks Technologies.

The firm has been active in the past 15 months, making new investments in Bellatrix Aerospace, Showroom B2B, and Brandworks Technologies, along with follow-on rounds.
Cactus Partners avoids high-valuation sectors and focuses on product-market fit, unit economics, and long-term growth.
The firm is also exploring opportunities in cybersecurity and quantum technologies.

Cactus Partners is a venture capital firm that invests in early-stage startups.
Its focus sectors include advanced manufacturing, enterprise tech, consumer tech, robotics, semiconductors, defence, spacetech, electronics manufacturing, AI, ML, cybersecurity, healthtech, and vertical software.
The firm typically leads investment rounds and writes initial cheques of ₹60–100 crore.
It has a maiden fund of ₹630 crore that is fully deployed across 13 portfolio companies.

The firm plans to raise the second fund and deploy it across 13–15 startups.
It is exploring opportunities in cybersecurity and quantum technologies.