South Park Commons, a Silicon Valley collective founded by Ruchi Sanghvi, is raising $40 million for an India-focused fund, according to a recent SEC filing. This initiative follows their entry into the Indian market last June through a partnership with Flipkart co-founder Binny Bansal. The collective supports early-stage technologists who may not yet be ready for traditional fundraising. Currently, South Park Commons boasts 175 active members and 800 alumni, primarily comprising founders and domain experts. Despite challenges in India's startup ecosystem, global VC interest remains strong.