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Industrial47 raises Rs 85 crore in first close of debut fund to back frontier-tech startups - The Economic Times
The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies across areas including space systems, defence, energy, maritime intelligence, advanced manufacturing and other technologies linked to national security and strategic infrastructure.
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yourstory.com
Pre-seed VC firm Industrial47 raises Rs 85 Cr in first close of Rs 200 Cr fund
Industrial47 aims to invest in 15-20 startups engaged in frontier tech with cheque sizes ranging from Rs 2 crore to Rs 10 crore.
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economictimes.indiatimes.com
Industrial47 raises Rs 85 crore in first close of debut fund to back frontier-tech startups - The Economic Times
The fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies across areas including space systems,…