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StartupXseed launches ₹200 crore fund in deep tech start-ups
September 08, 2020
Bengaluru-based StartupXseed Ventures has launched its second reserve of ₹200 crore, that will zero in on beginning phase interest in new businesses focused on deep technologies.
The sector agnostic seed and early stage venture capital fund was established five years back by B. V. Naidu, previous chief, Software Technology Parks of India, Mohan Das Pai, prime supporter of Aarin Capital, Ravi Thakur and different business people.
Out of ₹200 crore, ₹65 crore has been raised from singular technocrats and the parity sum will be raised throughout the following 6-9 months.
Store II will put ₹3-10 crore for every round in rising profound tech new companies from SaaS to Spacetech including cybersecurity, silicon IP, healthtech, fintech and agritech and AI/ML.
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