Aum Ventures raises Rs 225 Cr first close for new deeptech fund

Summary

Aum Ventures raises Rs 225 Cr first close for new deeptech fund gives Indian hard-tech founders a larger backer focused on longer cycles and more capital-intensive categories.

Why it matters

The fund's scope — space, semiconductors, AI, defence, and advanced manufacturing — is a good read on where institutional capital still sees scarcity and defensibility.

Founder/operator read

If you are raising in deeptech, expect diligence on engineering milestones, supply-chain access, and time-to-revenue; narrative alone won't close the round.

Original source

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