🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Yali Capital closes maiden deeptech fund at Rs 893 Cr

EntrackrEntrackr · 6m 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.

BYT Capital launches Rs 180 Cr deeptech fund

EntrackrEntrackr · 1m 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.

888VC launches Rs 175 Cr fund for AI, deep-tech, sustainability startups in India

EntrackrEntrackr · 4m ago
888VC launches Rs 175 Cr fund for AI, deep-tech, sustainability startups in India
Medial

888 VC, an early-stage accelerator fund, has announced the launch of a Rs 175 crore investment fund. The funds are aimed to fuel the nation's next generation artificial intelligence, deep tech, and sustainability startups, targeting visionary founders whose innovations are addressing both local problems and have the potential to transform global markets. Over the next three years, the company plans to invest in global first Indian startups with average investment sizes ranging between Rs 2 crore and Rs 4 crores, focusing on technologies that are capable of scaling to high-growth ecosystems such as the UAE, the US, and beyond. 888VC also unveiled GRO8, the region’s largest cross-border investment and mentorship platform. Designed to address a crucial gap in the early-age startup ecosystem, like access to capital, mentorship, and market connections. As per market research, AI startups in India are projected to cross $17 billion by 2027; deep tech funding is said to have grown 2.5X in the last 3 years, driven by enterprise SaaS and frontier technologies, and sustainability startups have attracted approximately $2.5 billion in 2024 alone. Founded and led by Rohit Bafna, 888VC combines deep industry expertise with a hands-on approach to scale startups. The VC firm is focused on innovation in artificial intelligence, deep tech, and sustainability. Operating actively in India, UAE, and the US, the fund aims to catalyze the growth of category-defining startups and enable scalable global expansion. The VC firm asserts that it has evaluated 500 startups, funded over 20 companies, and deployed more than $12 million in syndicated capital, the accelerator fund is now maintaining a boasting portfolio exceeding $500 million valuation.

Download the medial app to read full posts, comements and news.