Using Philly as a launchpad, venture firm SRI Capital is hoping its newly-launched $100-million fund can help grow the enterprise tech companies of the future.

The fund will look to invest in around 25 U.S. or India-based startups at the pre-Series A stage to the tune of $1 million to $3 million over the next three to four years, relying on partners Doc Parghi and Sashi Reddi’s track record as investors (Phenom People and Sidecar locally) and entrepreneurs.

According to Parghi, who sits on the board of Ben Franklin Technology Partners, SRI Capital has full-time partners in both the U.S. and India, which will allow it to back companies that want to scale in the U.S. market from South Asia.

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