FortyTwo.vc
FortyTwo.vc backs AI and software startups at the pre-seed stage.
Overview
FortyTwo.vc is an India-focused venture capital firm launched in 2024. The firm is built around backing founders at the earliest institutional stage and helping them develop technology businesses aimed at large markets. Its portfolio reflects a strong orientation toward software and technology-led startups.
Investment Focus and Stage
FortyTwo.vc focuses on pre-seed investments, typically committing around $500,000 per company. Its investment approach centers on AI-native and software businesses, particularly startups where technology is central to the product rather than simply an operational tool.
The firm looks across categories including enterprise software, SaaS, AI applications, developer tools and vertical software. It seeks companies at a stage where the product and business model are still being shaped and where early institutional capital can materially influence the company's trajectory.
Fund Size and Portfolio
FortyTwo.vc operates a $30 million fund designed to back early-stage technology companies. The fund provides initial capital at the pre-seed stage and maintains the ability to support selected companies as they progress toward subsequent rounds.
Its portfolio includes Emitrr, Evabot and Insync.ai. Emitrr provides communication and workflow software for businesses, while Evabot develops AI-powered employee engagement and gifting solutions. Insync.ai works on AI-driven enterprise software.
The portfolio reflects FortyTwo.vc's preference for founders building software products for business customers, particularly where AI can become a core part of the product experience.
Leadership
FortyTwo.vc was founded by Anirudh Damani, who also founded Artha Venture Fund. His experience spans early-stage investing and building networks around Indian startup founders.
The firm brings together an investment team with experience across venture capital, technology and entrepreneurship, with a focus on identifying founders before their companies reach larger institutional funding rounds.