SynopsisAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technology sectors like spacetech and AI. International investors contributed over 65% of the initial commitments for this venture. The firm plans to invest in 25 to 30 startups over its lifecycle.Early-stage venture capital firm Aum Ventures, which has backed startups such as Skyroot Aerospace, marked the first close of its second India Innovation Fund at Rs 225 crore.The fund has a target corpus of Rs 750 crore (about $80 million) and will invest in early-stage companies across the spacetech, semiconductors, artificial intelligence, defence technology, robotics, energy transition and advanced manufacturing domains.More than 65% of theNow Playing