Speciale Invest floats Rs 1,400 Cr fund to back deep-tech startups

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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…



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Speciale Invest floats Rs 1,400 Cr fund to back deep-tech startups


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…



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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