AUM Ventures Launches ₹750 Cr Fund To Back Deeptech Startups
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Early-stage focused venture capital (VC) firm AUM Ventures has launched its second fund, the India Innovation Fund II, with a target corpus of ₹750 Cr ($80 Mn).
With the Cat II AIF investment vehicle, AUM would be looking to place bets on 25-30 startups operating in deeptech sectors like spacetech, semiconductors, AI, and defence tech.
Initial investments will range from $750K to $2 Mn, with provisions for follow-on funding through Series A and B rounds.
Notably, AUM Ventures has tasked gener
With the Cat II AIF investment vehicle, AUM would be looking to place bets on 25-30 startups operating in deeptech sectors like spacetech, semiconductors, AI, and defence tech.
Initial investments will range from $750K to $2 Mn, with provisions for follow-on funding through Series A and B rounds.
Notably, AUM Ventures has tasked gener
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