Speciale Invest To Launch INR 1,400 Cr Fund For Growth Stage Deeptech Startups

VC firm Speciale Invest plans to launch a growth stage fund with a target corpus of INR 1,400 Cr ($155.3 Mn) to back deeptech startups.

In a statement, the firm said it plans to raise the capital for the fund, Speciale Invest Growth Fund II, next year.

The fund will invest in Series A and later stages of startups that have crossed technical validation and are poised to scale into revenue-generating businesses.