India’s pioneering operator-led VC firm, Together Fund, has introduced the Together AI Studio, a platform aimed at aiding startups in harnessing the potential of artificial intelligence (AI) to generate billions in market capitalization over the next decade. This initiative aligns with the earlier announcement of Fund II, a $150 million early-stage fund focusing on AI-first investments, coming at a time when India’s robust software expertise and a substantial base of over 5.4 million developers offer significant opportunities for AI innovation across diverse domains.
According to Manav Garg, Founding Partner of Together Fund, the goal is to support the upcoming wave of AI startups in India to unlock their full potential: “AI has the potential to create billions in market capitalization in the next decade, and we want to aid the next crop of AI startups from India to fully harness their true potential.”
Girish Mathrubootham, Founding Partner of Together Fund, highlighted the mission of placing India at the forefront of the global AI revolution through the AI Studio and Fund II: “With Together AI Studio and Fund II, the mission is to place India at the forefront of the global AI revolution. We have always worked with our founders closely, and with the AI Studio, we aim to further expand the operating help to AI researchers, scientists, product managers, and engineers who are innovating to democratize AI.”
The VC firm has already made 12 successful AI investments, backing AI-native companies and startups prominently featuring AI. The portfolio includes ventures such as Workhack, Composioan, Protecto, Toplyne, and DhiWise, among others. Siddharth Sridharan, Co-founder and CEO of Spendflo, acknowledged the value brought by Together Fund in their journey: “Together Fund has been valuable in our journey from day zero with strategic inputs around product strategy, go-to-market planning, and adopting Gen AI to deliver value to our customers.”