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Frontier Tech Capital eyes $150 Mn maiden fund to back SEA startups

EntrackrEntrackr · 4m ago
Frontier Tech Capital eyes $150 Mn maiden fund to back SEA startups
Medial

Frontier Tech Capital eyes $150 Mn maiden fund to back SEA startups Frontier Tech Capital, a newly launched private equity platform, is targeting a $150 million maiden fund to back growth-stage companies across Southeast Asia. Nearly half of the corpus has already been secured from global investors spanning Singapore, Japan, and the UAE. The firm has been co-founded by Pawan Gandhi (founder of IoT platform KaHa), Brijesh Pande (former Citi executive), and Razat Gaurav (CEO of US-based Plainview). Manoj Kohli, former SoftBank India head, has also joined to lead the India strategy. Unlike early-stage venture capital firms, Frontier Tech Capital will focus on scale-ups with revenues of over $50 million and clear paths to profitability. The fund plans to invest in 10–15 companies across agritech, manufacturing tech, and creative industries such as gaming and animation. With an eight-year horizon, it aims to provide patient capital for regional expansion. According to the founders, the thesis is centered on companies that have already established strong domestic positions but require both growth capital and strategic expertise to expand across Southeast Asia. With offices and networks in key hubs, the platform is positioning itself as a bridge for capital, market access, and operational know-how in the region. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

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Navam Capital closes maiden fund at Rs 315 Cr

EntrackrEntrackr · 11d ago
Navam Capital closes maiden fund at Rs 315 Cr
Medial

Navam Capital closes maiden fund at Rs 315 Cr Navam Capital has announced the final close of its maiden fund, Navam Venture Fund-I (NVF-I), with the early-stage Category II AIF raising Rs 250 crore and exercising its green shoe option to close at over Rs 315 crore ($35 million). The venture capital (VC) firm has already invested in eight startups and plans to back 15–16 in total. The India-focused fund will back intellectual-property-led deep-technology startups built in India for global markets, spanning areas such as advanced computing, semiconductors, robotics, drone technology, space technology, industrial automation, enterprise AI, climate tech, and materials science. According to Navam Capital, NVF-I has attracted a diversified limited partner base, including technology founders, industrial groups and conglomerates, business operators, and family offices. Launched in 2008 by Rajeev Mantri, the Kolkata-based Navam Capital focuses on early-stage investments in frontier technologies and science-driven innovation. It is largely backed by domestic capital, with commitments from family offices, corporate groups, ultra-high-net-worth individuals, and technology founders. The fund typically writes first cheques of Rs 5–8 crore at the seed and pre-Series A stages, while keeping capital aside for follow-on rounds. The VC firm also selectively participates in Series A and Series B rounds to maintain stage diversity in its portfolio. The fund’s portfolio includes startups working on reconfigurable computing architectures, swarm robotics, multi-sensor satellite imaging, quantum-safe cybersecurity hardware, AI-driven industrial inspection systems, advanced drones, and novel sensing technologies.

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