Silicon Road Ventures announces India agentic AI fund

By Aarav Garg

Silicon Road Ventures has launched an India-focused investment fund aimed at backing early-stage startups building agentic AI solutions for the B2B commerce and enterprise technology sectors.

The firm said the fund has been structured as a Category II Alternative Investment Fund (AIF) and approved by the Securities and Exchange Board of India. The fund is targeting a corpus of INR 150 crore (more than $15 million) and has already completed its first close, with capital deployment now underway.

The new vehicle will focus on Seed and Series A investments in startups developing AI-driven technologies for retail, supply chain, logistics, payments and commerce infrastructure. Areas of interest include multi-channel commerce, fraud and identity, autonomous payments, customer analytics and warehouse automation.

The launch reflects growing investor interest in agentic AI applications within financial services and commerce infrastructure, particularly as businesses look to automate operational workflows and improve efficiency across payments, retail and supply chain ecosystems.

Silicon Road Ventures said the fund will also help portfolio companies expand internationally by providing access to US market infrastructure, funding networks and go-to-market support. The firm has historically focused on enterprise and retail technology investments and has backed more than 30 startups globally across AI-led commerce and FinTech themes.

The development comes as venture capital firms increasingly target AI-native infrastructure startups across FinTech and enterprise technology. Investors are particularly focused on platforms capable of embedding automation, intelligence and real-time decision-making into commerce, payments and operational systems.

For India’s startup ecosystem, the launch adds to the growing pool of sector-focused capital targeting AI-enabled financial and enterprise technologies with global scaling potential.