Aum Ventures Launches $80 Million India Deep-Tech Fund II for 25-30 Startups
Updated
Updated · Entrackr · Jun 12
Aum Ventures Launches $80 Million India Deep-Tech Fund II for 25-30 Startups
3 articles · Updated · Entrackr · Jun 12
Summary
$80 million—about Rs 750 crore—is the target size of Aum Ventures' India Innovation Fund II, aimed at Indian founders building IP-led deep-tech companies with global ambitions.
The fund will focus on pre-seed and seed rounds, writing initial checks of $750,000 to $2 million and reserving follow-on capital through Series A and B.
Aum expects Fund II to back about 25 to 30 portfolio companies across spacetech, semiconductors, advanced manufacturing, defence technology and AI.
Since launching in 2022, the firm says it has deployed about $30 million across 24 early-stage companies, including Skyroot Aerospace, and recently added Nisha Shah as general partner for the new fund.