Silicon Road Ventures, Ajay Mahajan launch Rs 150 Cr AIF for agentic AI in retail, commerce

The SEBI-registered Category-II fund will back early-stage agentic AI startups across B2B commerce, supply chain, fintech, consumer insights and retail operations. Silicon Road has made 46 investments since 2019; Mahajan brings Cognizant and enterprise tech pedigree to the GP bench.

— FiledWed, 13 May, 2026, 09:20 IST·First seen Thu, 14 May, 2026, 22:46 IST·Source Entrackr · Newsletter

What happened

Silicon Road Ventures has partnered with Ajay Mahajan to launch a Rs 150 crore SEBI-registered Category-II AIF backing early-stage agentic AI startups in B2B

Key facts

  • Rs 150 crore
  • 46 investments
  • 2019

Why this matters

Expect a cohort of well-capitalized agentic AI startups in B2B commerce and retail ops to emerge over 18-24 months—start mapping acquisition targets now while valuations are pre-hype.