Microsoft’s venture fund sets up office in India

Microsoft’s venture fund M12 on Wednesday said it has set up an office in Bengaluru that will bolster efforts in pursuing investment opportunities. The Bengaluru office joins the M12 network that includes San Francisco, Seattle, London, and Tel Aviv.

The local office will pursue investment opportunities across the region, focusing on B2B software startups in the sectors of applied artificial intelligence, business applications, infrastructure, security, and vanguard technologies, a statement said.

Formerly known as Microsoft Ventures, M12 said it is looking to invest in enterprise software startups in the Series A through Series C funding stages, targeting both local and cross-border solutions