Pavestone Technology Fund is our SEBI (Securities and Exchange Board of India) registered Alternate Investment Fund (AIF) with a target corpus of INR 9000 million (~$ 100 million). The fund is managed by an experienced management team with deep and diverse expertise in Enterprise and Deep Tech investing, building, and scaling products/platform companies. Our founding team also includes accomplished entrepreneurs. This enables us to support our portfolio firms with financial and “experience” capital, in their growth journey. Growth / Early Growth Stage startups (B2B, Sector Agnostic, Enterprise Platforms / Products) The primary focus of our fund is early growth-stage firms that solve problems of large enterprises, both public and private, in the B2B space. Typically, these firms have established product-market fit and demonstrable market success, with ~1M in annual recurring revenue and key anchor clients. They are looking for capital infusion to expand rapidly to $15M to $20M revenue in about five years Seed / Early-Stage startups (Sector Agnostic, Cutting Edge scientific or engineering innovation) Our fund makes a few selective investments in early-stage firms working on frontier / advanced technologies i.e. based on substantial scientific or engineering innovation. Fund Strategy Our fund strategy is based on strong underlying secular trends that drive changing business models and customer behavior such as: Digitalization and API Economy - Automated, Autonomous, Self-learning, and Hyper personalized. Environment, Social, and Governance (ESG) - Renewables, Electrification, and Climate tech. Global Supply chain realignment - Resilience, Agility, and Sustainability Atmanirbhar Bharat - Make in India These changes are often driven by exponential shifts in the areas of Artificial Intelligence - Applied AI, Generative AI, and Machine Learning Compute & Connectivity - Cloud & Edge, Advanced Connectivity, and Immersive Reality Digital Future - Web 3, Next Gen Software computing, and Trust Architecture Cutting-edge engineering including – Mobility, Material Science, Bioengineering, and Space Our investments are guided by an understanding of these trends and technological development. Portfolio Selectivity and Support The fund differentiates itself by providing its portfolio firms with support and expertise to scale and execute faster, working alongside their founders as needed. The management team, its extended and deep network and in-house Subject Matter Experts have the knowledge and network to support portfolio firms. With a culture of rigorous analysis and risk management, we focus on impeccable governance for our investors’ best interests.