Enlighten Angel Fund, now rebranded as Enlighten Capital Micro VC, has received SEBI approval to operate as an Alternate Investment Fund (AIF) in India. The firm has launched its first fund of Rs 200 crore, including a Rs 100 crore greenshoe option, aiming to support emerging technologies and disruptive startups. Led by industry veterans Koushik Shekar and Arvind Subramaniam, the team focuses on sectors like smart manufacturing and fintech. Their mission is to positively impact India’s startup ecosystem by fostering innovation and supporting founders dedicated to building meaningful solutions.