New fund · Enterprise Software & IT

Pentathlon Ventures closes second fund at ₹255 Cr

By Startup Enthusiast · 26 March 2026

What they do

Pentathlon Ventures is a B2B technology-focused investment firm

The firm closed its second fund with a total corpus of ₹255 Crore

It has already deployed capital into eight portfolio companies from this new fund

Pentathlon Ventures has achieved the final close of its second fund.
The total size of Fund II stands at ₹255 Crore.
The fund targets investments in B2B technology sectors.
Backers include family offices and high net worth individuals from India, the US, and the Middle East.
The firm has already invested in eight companies using capital from Fund II.
This marks the latest activity for the venture capital firm.
The closure signals continued investor confidence in the firm's strategy.

The fund raises capital from diverse global sources including the US and Middle East.
It demonstrates sustained interest in B2B tech ventures among investors.
The firm has moved quickly to deploy capital into eight portfolio companies.

Pentathlon Ventures operates as a venture capital fund manager.
Its primary focus is on business-to-business technology investments.
Key sectors include Enterprise AI, Fintech, Healthtech, Cybersecurity, Logistics, and Manufacturing.
The firm manages capital raised from institutional and individual backers.
It generates returns through equity stakes in its portfolio companies.
The firm does not appear to have a public consumer-facing product.
Its operations are centered around investment and portfolio management.
The firm leverages expertise across multiple technology verticals.
It serves entrepreneurs seeking funding for B2B technology startups.