New Delhi, Nov. 4 -- TVS Capital Funds, which backs growth-stage startups, is targeting enterprise technology and services companies with its latest fund, according to a top executive, joining the race to find the next big disruptor for the information technology industry.

"A lot of our investing DNA has been more focused on enterprise versus consumer, especially over the last 1-2 funds. Additionally, technology is a future-ready theme that we can invest in over a 10- to 15-year period, which will pay dividends going forward," Naveen Unni, managing partner at TVS Capital Funds, told Mint.

"AI-first business process outsourcing startups are one of those next-gen opportunities," said Unni. "Think of it like an Indian partner to a US ventu...