Skip to content
Master Your Financial Future — Master Your Money — Financial Tech Innovations

Speciale Invest’s Rs 1,400 Crore Growth Fund II Fuels India’s Deeptech Ambitions

India’s deeptech revolution just got a Rs 1,400 crore push. Meet the startups poised to compete globally—and the fund backing their boldest ideas.

,   and  Administrator
1 min read
In this image we can see buildings, sky with clouds, construction cranes, polythene cover, sign...
In this image we can see buildings, sky with clouds, construction cranes, polythene cover, sign boards, motor vehicles, excavators, water, trees, advertisement and ground.

Speciale Invest’s Rs 1,400 Crore Growth Fund II Fuels India’s Deeptech Ambitions

Speciale Invest has launched a new Rs 1,400 crore Growth Fund II to support Indian deeptech startups. The fund will target companies that have moved past early scientific risks and are now ready to scale up for global competition. This comes after the firm recently closed its early-stage Fund III at Rs 600 crore, surpassing its initial goal of Rs 500 crore.

Growth Fund II will invest in 12 to 15 startups, with each receiving an average of $5-8 million. The focus areas include spacetech, advanced manufacturing, energy storage, quantum computing, health and biosciences, and defence technologies. Vijay Jacob has joined as a general partner to strengthen the firm’s growth-stage investment capabilities.

Growth Fund II will provide much-needed capital to deeptech startups looking to expand their operations. The fund’s launch follows the successful closure of Fund III, which exceeded its target by Rs 100 crore. With a stronger institutional investor base, Speciale Invest aims to accelerate the growth of India’s deeptech sector.

Read also:

Related

Latest