Deep-tech venture capital firm Speciale Invest has launched a Rs 1,400 crore Growth Fund II to back early-stage startups. The fund aspires 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.
The fund will back 12-15 startups with average investments of $5-8 million, to go from the stage where the technology is ready to be implemented, to becoming a commercially sustainable business. For this fund, it expects a more institutional LP…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)