Enlighten Angel Fund has launched its first fund of ₹200 crore, including a ₹100 crore greenshoe option, and has been rebranded as Enlighten Capital Micro VC. The fund is now approved by SEBI to operate as an Alternate Investment Fund (AIF) and will focus on early-stage startups in emerging technologies, smart manufacturing, and electric vehicles. Over the past two years, the fund has made over 10 investments and aims to leverage a strong network of limited partners and angel investors to impact India’s startup ecosystem positively. The Indian startup sector saw a 6% funding increase in 2024, attracting $11.3 billion.