Yali Capital Closes Maiden Deeptech Fund At INR 893 Cr

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SUMMARY

The VC firm launched the early stage fund at INR 810 Cr in July last year to back startups operating in the deeptech sector

The company has raised capital from Infosys, Qualcomm Ventures, DPIIT Fund of Funds for Startups and Evolvence, among others

Yali Capital initially set its target close to INR 500 Cr, with an additional greenshoe option of INR 310 Cr

Venture capital firm Yali Capital has closed its maiden deeptech-focussed fund at INR 893 Cr ($103.2 Mn).

The VC…



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Yali Capital Closes Maiden Deeptech Fund At INR 893 Cr


SUMMARY

The VC firm launched the early stage fund at INR 810 Cr in July last year to back startups operating in the deeptech sector

The company has raised capital from Infosys, Qualcomm Ventures, DPIIT Fund of Funds for Startups and Evolvence, among others

Yali Capital initially set its target close to INR 500 Cr, with an additional greenshoe option of INR 310 Cr

Venture capital firm Yali Capital has closed its maiden deeptech-focussed fund at INR 893 Cr ($103.2 Mn).

The VC…



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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