Microsoft’s VC arm M12 opens India office in Bengaluru, to focus on B2B

M12, Microsoft’s venture fund, announced its local presence in India with the opening of an office in tech-hub Bengaluru, its fifth one globally after San Francisco, Seattle, Tel Aviv and London. The firm will pursue investment opportunities across the region, focusing on Business-to-Business (B2B) software start-ups in the sectors such as applied artificial intelligence (AI), business applications, infrastructure and security.

M12 seeks to invest in disruptive enterprise software startups in Series A through C funding stages, targeting both local and cross-border solutions.

M12 has already been remotely investing in India since 2019. Its portfolio includes category leaders such as healthcare technology startup Innovaccer and Noida-based logistics SaaS startup FarEye. FarEye secured $25 million in Series D funding in April, led by M12.