The AI and deeptech-focused fund, backed by Nandan Nilekani as anchor investor, will invest in startups operating across consumer, enterprise, and physical AI segments.

Yes Madam has remained bootstrapped since inception, plans to use the capital to expand operations, invest in technology, and strengthen its service partner ecosystem.

The B2B quick-commerce platform will use the funds to scale its dark stores network, strengthen technology and data infrastructure, deepen retailer engagement, and expand…