₹1,000 Cr fund launches for Indian deeptech startups
Asiana Fund and Taiwan's JC Capital are setting up a ₹1,000 crore investment fund for Indian startups working in advanced manufacturing, semiconductors, robotics, aerospace, and defence. The fund aims to back 12 to 15 startups, mostly at Series A and B, and will help them connect to Taiwan's tech ecosystem and global supply chains. 20% of the money comes directly from the sponsors.
- Fund targets 12-15 Indian deeptech startups
- Total size: ₹1,000 crore, with ₹600 crore base and ₹400 crore greenshoe
- Focused on Series A and B investments
- Connects Indian startups with Taiwan’s semiconductor and electronics sector
Sources covering this
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