Business

Yali Capital Surpasses Funding Goals with Rs 893 Cr Deeptech Fund, Targets 8 Startups by Year-End

BENGALURU: A Leap Forward in Deeptech Investment

Bengaluru-based Yali Capital has successfully closed its inaugural deep tech-focused fund at an impressive Rs 893 crore (about $104 million), surpassing its initial target and greenshoe option. This Sebi-registered Category II AIF is set to revolutionize sectors like semiconductors, AI, robotics, aerospace, and smart manufacturing through early and late-stage investments.

Yali Capital closes Rs 893 cr deeptech fund, eyes 8 portfolio firms by year-end

Strategic Funding and Global Outreach

With a unique dual structure, Yali Capital aims to attract both domestic and global investors. The fund has already made its mark by backing five startups, with plans to add three more to its portfolio by the year's end. The investment strategy focuses on significant ownership stakes, varying with the stage of the company.

Operator Experience and Founder Collaboration

The leadership team, boasting a rich background in deep tech ventures, is committed to more than just financial support. They aim to work closely with founders, leveraging their operational expertise to drive success. This hands-on approach is already making waves, with portfolio startups benefiting from intensive collaboration sessions.

Future Prospects and Sectoral Focus

Yali Capital is eyeing a transformative role in India's deep tech landscape, with a keen focus on manufacturing, robotics, and chip design. The firm is on the brink of announcing a major investment in the chip design space, signaling its commitment to fostering global competitiveness among Indian startups.