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BYT Capital launches Rs 180 Cr deeptech fund

EntrackrEntrackr · 6d ago
BYT Capital launches Rs 180 Cr deeptech fund
Medial

BYT Capital launches Rs 180 Cr deeptech fund BYT Capital has announced a Rs 180 crore early-stage fund aimed at backing deep-tech and frontier engineering startups. The Category II AIF will invest in companies building IP-driven products emerging from research labs and engineering ecosystems. More than half of the fund has already been subscribed, and the firm expects a final close by Q3 2026. Founded by Amit Chand and Dinesh Kumar, BYT Capital plans to deploy capital into 18–20 startups with initial cheques of Rs 3–6 crore. Around 55% of the fund has been set aside for follow-on rounds. The firm has already made early commitments across space, life sciences, robotics, and clean energy. The focus is on companies converting lab-stage work into market-ready products with global demand. “India is entering a phase where scientific entrepreneurship can create companies with global relevance,” said founder Amit Chand. He added that deep-tech will shape future industrial capacity and strengthen strategic capabilities across sectors such as materials, quantum, defense, and energy. BYT Capital plans to support founders from early experimentation to global commercialization, building a long-term platform focused on frontier technology originating in India.

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Yali Capital closes maiden deeptech fund at Rs 893 Cr

EntrackrEntrackr · 4m ago
Yali Capital closes maiden deeptech fund at Rs 893 Cr
Medial

Yali Capital closes maiden deeptech fund at Rs 893 Cr Venture capital firm Yali Capital has closed its maiden deeptech focused fund at Rs 893 crore (about $103.2 million). Yali Capital had launched the early stage fund at Rs 810 crore in July last year to back startups operating in the deeptech sector. The fund intends to invest in startups across chip design, robotics, genomics, smart manufacturing, aerospace, and AI sectors, Yali Capital said in a press release. The VC firm has raised capital from corporates such as Infosys, Qualcomm Ventures, the DPIIT Fund of Funds for Startups, and Evolvence, among others. Additionally, TVS Capital founder Gopal Srinivasan, Rare Enterprises chief executive Utpal Sheth, and JM Financial’s managing director Vishal Kampani are among its notable investors. Launched by Ganapathy Subramaniam and Mathew Cyriac, Yali Capital is a SEBI approved Category II AIF and had initially set its target close to Rs 500 crore, with an additional greenshoe option of Rs 310 crore. “China is well ahead in the deeptech space and has overtaken America. India has all the potential, from services to deeptech, but certainly has much distance to cover,” said Ganapathy Subramaniam. Yali Capital has made five investments, including genomics startup 4baseCare, robotics startup Perceptyne Robots, and fabless chip design company C2i Semiconductors. It plans to expand its portfolio to eight companies by the end of the year.

Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startups

EntrackrEntrackr · 1y ago
Capital A launches Rs 400 Cr fund to invest in manufacturing, climate startups
Medial

Venture capital firm Capital A has launched its second fund, targeting a corpus of Rs 400 crore. This fund will be focused on backing sectors such as manufacturing, deeptech, climate and fintech startups. Fund II aims to identify innovative technologies and business models set to shape the future, Capital A said in a press release. Capital A says that its Fund I has supported and scaled many progressive startups including Chargeup, Bambrew, Jiraaf Leumas BharatSure and Entuple. The firm aims to have a strategy of combining operational expertise, strategic partnerships, and financial backing to foster sustained innovation. According to Capital A, it intends to invest in 17-20 companies and will cut cheques of $2-3 million over the lifecycle of the startup, with the first cheque ranging from $750K- $1 million. The investor base for Fund II will be primarily domestic, with backing from family offices, industry leaders, HNIs and likeminded LPs and returning partners from previous funds, like Manjushree Ventures. The firm aims to mark the final close of the fund by the end of 2025. Capital A aims to have an operational immersive role and provides tactical and long-term value for its portfolio companies and makes meaningful contributions to the broader ecosystem. As the firm embarks on the next phase with Fund II, it aims to support visionary entrepreneurs and advancing technologies that address some of the world’s most urgent challenges. Launched in 2021 by Ankit Kedia, Capital A backs startups across diverse sectors such as climate, deeptech, fintech and other tech-enabled businesses. It has invested in more than 20 startups, including Jiraaf, Rooter, Bambrew, Riskcovry, and Tan90 amongst others.

BizDateUp launches Rs 1,000 Cr Pulse Fund I

EntrackrEntrackr · 3m ago
BizDateUp launches Rs 1,000 Cr Pulse Fund I
Medial

BizDateUp has launched Pulse Fund I, a Rs 1,000 crore Category II Alternative Investment Fund (AIF). The fund includes a Rs 500 crore base and an additional Rs 500 crore green-shoe option. According to the fund, it will invest 50% in high-growth startups, 30% in profitable SMEs, and 20% in select real estate projects. The fund is structured as a 10-year close-ended vehicle, extendable by 2 years. It will focus on sectors such as AI, SaaS, fintech, healthtech, deeptech, defense, aerospace, gaming, EV mobility, green energy, and regtech. A special focus will be given to opportunities in tier-II and tier-III cities. The fund also promises financial, legal, and compliance checks, overseen by an NISM-certified fund manager. Founded by Jeet Chandan and Meet Jain, BizDateUp is an ecosystem enabler for startups offering comprehensive support services to visionary entrepreneurs to the forefront of their industry. BizDateUp empowers startups to challenge conventions, pioneer new solutions, and drive meaningful change in their respective fields. It has funded over 25 startups, raised a $10 million fund, engaged 1,000 angel investors, and delivered an average return of 3.5x to its backers in FY24. BizDateUp plans to expand globally by launching parallel funds in Singapore, the USA, and Dubai within 24 months, targeting over $1 billion in international capital for India’s innovation ecosystem. Earlier in May last year, BizDateUp Technologies had acquired a 20% stake in Duro Green, an environmental impact startup providing wet waste management services.

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