What is the current state of AI venture capital funding?

The current state of AI venture capital funding is highly active, with many venture capital firms raising larger pools to back the next wave of AI companies. In fact, venture capital fundraising has crossed $3.2 billion in the first half of 2026, with firms announcing, launching or closing nearly 10 India-focused funds.

Which AI startups have recently raised funding?

Several AI startups have recently raised funding, including Ema, which raised $80 million at an $800 million valuation, and Sarvam AI, which raised $300 million at a $1.5 billion valuation. Additionally, Emergent has secured a large round from Claypond Capital, Creaegis and others.

What is the focus of Together Fund's new fundraise?

Together Fund's new fundraise, Fund III, will focus on investing in AI startups, with a potential corpus of $200 million. The fund will be the firm's first fundraise since the departure of co-founder Manav Garg, and will be led by Girish Mathrubootham, Shubham Gupta, and Lakshmi Shankar.

How much has Together Fund raised for its previous funds?

Together Fund raised $85 million for its debut vehicle in 2021, and $150 million for its second fund in 2023. The firm has positioned itself as an operator-led venture fund, with a focus on investing in AI startups.

What is the current landscape of the AI ecosystem in India?

The current landscape of the AI ecosystem in India is highly promising, with many startups and venture capital firms actively investing in the space. The Indian government has also launched several initiatives to promote the development of AI in the country, including the establishment of the National AI Mission.

What is the current state of AI venture capital funding?

The current state of AI venture capital funding is highly active, with many venture capital firms raising larger pools to back the next wave of AI companies. In fact, venture capital fundraising has crossed $3.2 billion in the first half of 2026, with firms announcing, launching or closing nearly 10 India-focused funds.

Which AI startups have recently raised funding?

Several AI startups have recently raised funding, including Ema, which raised $80 million at an $800 million valuation, and Sarvam AI, which raised $300 million at a $1.5 billion valuation. Additionally, Emergent has secured a large round from Claypond Capital, Creaegis and others.

What is the focus of Together Fund's new fundraise?

Together Fund's new fundraise, Fund III, will focus on investing in AI startups, with a potential corpus of $200 million. The fund will be the firm's first fundraise since the departure of co-founder Manav Garg, and will be led by Girish Mathrubootham, Shubham Gupta, and Lakshmi Shankar.

How much has Together Fund raised for its previous funds?

Together Fund raised $85 million for its debut vehicle in 2021, and $150 million for its second fund in 2023. The firm has positioned itself as an operator-led venture fund, with a focus on investing in AI startups.

What is the current landscape of the AI ecosystem in India?

The current landscape of the AI ecosystem in India is highly promising, with many startups and venture capital firms actively investing in the space. The Indian government has also launched several initiatives to promote the development of AI in the country, including the establishment of the National AI Mission.

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AI Venture Capital: Together Fund Raises $150M

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