M12, the corporate venture capital subsidiary of US-headquartered software provider Microsoft, announced yesterday it has opened an office in Bengaluru, India, adding to locations in the US, UK and Israel.
Formed in 2016 as Microsoft Ventures, M12 generally invests from series A to C stage in disruptive enterprise software developers in areas like applied artificial intelligence, business applications, infrastructure and cybersecurity.
The unit’s India-based investments already include predictive logistics platform developer FarEye and Innovaccer, a provider of healthcare data management software.
Abhi Kumar, M12’s India lead, said: “Typically, we see the greatest hurdles in a startup’s journey as they scale from local success to global challengers, and then again when they go on to become category leaders.
“Both inflection points require specific and deep organisational strength, proven talent, [go-to-market] partnerships and global investors. M12 is proud to be co-located in the region, and to bring experience and resources that will help startups successfully navigate these inflection points.”
