Sistema Asia Fund (SAF) Advisory, the proprietary venture capital fund of Russian conglomerate Sistema JSFC, will shortly pump in nearly $12 million (INR 80 crore approx) to close a clutch of mid-stage financing deals in four Indian startups. SAF Advisory’s investment committee is “examining proposals from five to seven startups”, which are involved in software automation services (SAS), enterprise software and niche consumer centric internet technologies that enable online retailers and customers to engage.