Venture capital firm Antel India announced plans to invest $25 million (around Rs 211 crore) in 50 startups in 2025, the company said. In 2024, the firm had already invested in 30 startups through its inaugural $75 million fund.

"Antler plans to ramp up investments further in the next year and make 50 investments in 2025. We plan to invest $25 million in the 50 companies", Antler India Partner Rajiv Srivatsa told PTI.

The company's 2024 investments include Bizup, a wholesale marketplace for fashion retail; Meine Electric, a company specializing in aluminium-air fuel cell technology; Namma Yatri, an open mobility platform; Keeper, a personal loan facilitator that uses paid leave as digital assets for salaried employees; and Cautio, an AI-powered dashcam provider, among others.

"Our investment pace reflects both the quality of the founders we're meeting and our conviction that the next wave of global technology companies will emerge from India. We have invested in 30 companies this year, many of which were born in our Residency program, where founders had the opportunity to validate their ideas, build strong teams, and get early customer traction before raising their first check", Srivatsa said.

Antler's upcoming Residency cohort in India is set to begin in February 2025.