Wyser Capital has announced the first close of its maiden venture fund. The firm has raised 40 percent of its planned ₹120 crore corpus. The announcement was made in New Delhi on February 25, 2026.
The fund is focused only on Enterprise and Agentic AI startups. According to the company, the first close saw participation from technology CEOs, CXOs, experienced operators, and institutional investors. While specific investor names were not disclosed, the early commitments indicate strong interest in AI-driven enterprise transformation.
Wyser Capital was founded by Suresh Vaswani, Supria Dhanda, and Satyakam Mohanty. The fund plans to invest in startups that are at the proof of concept or early revenue stage. It will invest between ₹2 crore and ₹5 crore in each company. There is also provision for follow-on funding in its best-performing portfolio startups.
The focus areas include vertical AI applications, AI infrastructure and tooling, and enterprise-focused Physical AI. The fund aims to support Indian startups building intellectual property-led solutions for global enterprise markets.
The launch of this fund comes at a time when AI continues to attract investor attention, even as overall startup funding remains selective. Over the past year, many investors have shifted towards deep tech and AI-driven companies that offer clear enterprise value.
Agentic AI is currently one of the most discussed themes in global technology circles. These are AI systems that can act more independently and execute tasks with limited human intervention. Large technology companies are investing heavily in this space, and enterprise adoption is slowly increasing.
By creating a niche fund dedicated to this segment, Wyser Capital is making a focused bet instead of spreading investments across multiple sectors. The founders have positioned Wyser Capital as an operator-led fund. This means the team plans to go beyond capital and support startups with enterprise connections and strategic guidance.
This model has become more common in recent years, especially in sectors where domain expertise matters. However, success will depend on how well the fund identifies scalable startups and supports them through long enterprise sales cycles.
At ₹120 crore, the fund size is relatively modest compared to larger multi-stage venture funds. This can be an advantage, as it allows the team to take concentrated positions in early-stage startups. At the same time, it also increases the pressure to deliver strong returns from a limited number of bets.
For now, Wyser Capital joins the growing list of India-focused funds that are betting on enterprise AI as the next major growth story. Whether Agentic AI becomes a mainstream enterprise layer or remains a niche segment will likely define the long-term impact of such funds.
