Rohan Misra, son of former SoftBank Vision Fund CEO Rajeev Misra, has established a $150 million fund named Gravity Holdings to invest in India’s tech sector, supported by family offices and industry leaders. Gravity Holdings’ first investment is in Darwinbox, an AI-driven SaaS startup that recently raised $140 million, achieving a valuation of over $1 billion. Rohan, a Yale alum and former member of Technology Crossover Ventures, aims to provide strategic expertise to growth-stage startups. This launch coincides with a surge in Indian tech investments, as several venture capitalists have recently introduced new funds targeting local startups.

Read the full article here