IAN Group closes $100M Alpha Fund for deep tech

IAN Group, a company that helps new businesses get started, has raised $100 million for its second big investment fund.

This fund, called the IAN Alpha Fund, will support new companies working on important technologies like computer chips, space tech, and artificial intelligence.

These companies are focused on solving big problems in India and around the world.

IAN Group has been around for a long time and has helped many companies grow, which made it easier for them to raise this money.

They look for companies that have already shown their technology works and have a clear plan for making money.

The fund will invest about $2 million in each company and will help them grow by giving advice and support.