Deeptech VCs spot big funding momentum on government, geopolitical push

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Indian deeptech funds such as Speciale Invest, Ideaspring and Mela Ventures are raising fresh funds to step up investments as more companies come in this space on the back of government initiatives, favourable geopolitical landscape and rapid technological advancement.

ET has learnt that Java Capital is looking to up their fund size from Rs 50 crore to Rs 250 crore while Bharat Innovation Fund (BIF) is looking to raise $150 million, or about Rs 1,290 crore, for its second fund, according to media reports.

Navam Capital is raising its maiden fund of $30…



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Deeptech VCs spot big funding momentum on government, geopolitical push


Indian deeptech funds such as Speciale Invest, Ideaspring and Mela Ventures are raising fresh funds to step up investments as more companies come in this space on the back of government initiatives, favourable geopolitical landscape and rapid technological advancement.

ET has learnt that Java Capital is looking to up their fund size from Rs 50 crore to Rs 250 crore while Bharat Innovation Fund (BIF) is looking to raise $150 million, or about Rs 1,290 crore, for its second fund, according to media reports.

Navam Capital is raising its maiden fund of $30…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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