Aavishkaar plans six deeptech bets by December, targets ₹2,000-crore fund
Wednesday, October 28, 2026 · first reported by Livemint
Aavishkaar Group intends to announce no fewer than six deeptech startup investments before the end of December. Sectors include spacetech, materials science, tissue culture, agritech and textiles.
A seventh fund is due to launch next year with a target of around ₹2,000 crore. Founder and vice chairman Vineet Rai said fundraising started last year, with a close hoped for between March and June. Indian investors are expected to provide 40-60% of the corpus and overseas investors the balance. The sixth fund, raised in 2023, has ₹1,200 crore and has put ₹800 crore to work.
- Fund
- Aavishkaar Capital Fund VII
- Size
- $240M
- Stage
- Target
- People
- Vineet Rai
- Asset class
- Venture
- Geography
- Asia-Pacific
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