VC agency Yali Capital has launched ₹810 crore, together with a ₹310 crore greenshoe possibility enterprise fund. The fund floated by Cosmic Circuits’s cofounder Ganapathy Subramaniam and former Blackstone govt Mathew Cyriac, appears to be like to spend money on early stage start-ups within the deep-tech sector. SEBI-approved Class 2 AIF Yali Capital goals to … Read more
India is now house to greater than 3,600 deeptech start-ups, with over 480 being established in CY2023, 2X increased than the quantity established in 2022, in response to a brand new report by Nasscom. Of those 480 start-ups launched in 2023, over 100 are creative deeptech corporations which have developed mental property or modern options … Read more
Positioning India amongst the highest three deeptech ecosystems globally would require focussed strategy throughout coverage, affected person capital, mental property (IP), procurement and R&D infrastructure, mentioned a report by Nasscom and Zinnov on Thursday. The report titled ‘India’s DeepTech Daybreak: Forging Forward’, performed by Nasscom and administration consulting agency Zinnov, highlighted a number of the key … Read more