1 year ago
Yali Capital Raises ₹893 Crores for India's Deep Tech
Imagine a company called Yali Capital that helps fund new technology companies in India.
They raised a lot of money, almost a billion rupees, to invest in things like AI and robots.
They'll give money to both new and more established tech companies.
Big companies and important people are helping them, and Yali Capital plans to invest the money over the next four years to help India's tech scene grow.
Yali Capital closed its deep tech-focused fund at ₹893 crores (US$104 million), exceeding its target.
The fund will invest in deep tech sectors like semiconductors, AI, and robotics.
Yali Capital operates with a SEBI-registered AIF and a GIFT City-based feeder vehicle.
The fund has already made five investments and plans to expand to eight companies.
Limited Partners include Infosys, Qualcomm Ventures, and notable individuals in finance.
- Who
- Yali Capital, a SEBI-registered AIF.
- What
- Yali Capital closed a deep tech-focused fund.
- Where
- Bengaluru, India.
- When
- July 25, according to the article.
- Why
- To back India's deep tech revolution.
Key facts
- Fund Amount
- ₹893 crores (~ US Dollar 104 Million)
- Fund Focus
- Deep tech sectors (semiconductors, AI, robotics, etc.)
- Investment Stages
- Early stage (Seed, Series A) and late stage (Series D and beyond)
- Investor Base
- Corporates, Funds of Funds, and Notable Individuals
- Headquarters
- Bangalore, India
