Speciale Invest launches Rs 1,400 crore fund for deeptech startups

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Chennai-based deeptech venture capital firm Speciale Invest has launched its Rs 1,400 crore Growth Fund II to back early-stage startups. The fund said it aims to address a critical gap in India’s deeptech funding ecosystem for startups which have moved beyond technology validation, but are yet to build predictable revenues.

Vishesh Rajaram, founding partner at Speciale Invest, said that while more investors are entering the deeptech ecosystem, most remain focussed on the early stages with small cheque sizes. “India does not have a deeptech problem…



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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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Speciale Invest launches Rs 1,400 crore fund for deeptech startups



Chennai-based deeptech venture capital firm Speciale Invest has launched its Rs 1,400 crore Growth Fund II to back early-stage startups. The fund said it aims to address a critical gap in India’s deeptech funding ecosystem for startups which have moved beyond technology validation, but are yet to build predictable revenues.

Vishesh Rajaram, founding partner at Speciale Invest, said that while more investors are entering the deeptech ecosystem, most remain focussed on the early stages with small cheque sizes. “India does not have a deeptech problem…



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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