The SAP.iO fund usually makes direct equity investments in the $1,00,000-2,50,000 range.

The fundraising also saw participation from other Indian investors including Haresh Chawla, partner at True North; and Arihant Patni, manag...

SAP.iO plans to invest $10,000 to $250,000 in different companies, with a greater focus on driving SAP's engagement with startups.