Chennai-based Bluehill.VC has raised Rs 408 crore for its initial deeptech venture fund. The firm has already deployed approximately Rs 100 crore across seven companies and plans to invest in sixteen startups, focusing on proprietary technologies. The venture fund intends to raise additional growth and early-stage funds over the next four years.

The VC firm, which invests in startups across defence, space, semiconductors, energy and advanced manufacturing, plans to deploy Rs 80 Cr over the next six months

Chennai-based Bluehill.VC has raised Rs 408 crore for its initial deeptech venture fund. The firm has already deployed approximately Rs 100 crore across seven companies and plans…