z21 Ventures Secures $20M First Close for $40M Fund II with Anchor Investor WestBridge Capital

z21 Ventures, a venture capital firm specializing in early-stage technology investments, has successfully secured a $20 million first close for its $40 million Fund II. This funding has been provided by anchor investor WestBridge Capital, a globally recognized investment firm known for its strategic focus and robust portfolio.

Fund II follows the firm's initial fund of $5 million, which was announced in June 2024 and supported 26 mission-driven startups. The new fund will continue to back disruptive technology companies across sectors such as artificial intelligence, enterprise software, and healthcare, with a primary focus on pre-seed and seed-stage investments in companies demonstrating strong teams, innovative technologies, and large market opportunities.

z21 Ventures has adopted a unique community-first approach to foster accelerated growth for founders and plans to raise part of Fund II's capital from leading operators and experts who will mentor and support founders. z21 Ventures was founded by Raj Singh and Abhinav Shashank, with Jyotika Gupta and Sudarshan Ravi Jha as partners in the fund. Read the full release here.