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Today: December 1, 2024
March 9, 2024
1 min read

Navam Capital hits milestone with first close of innovative fund

TLDR:

  • Navam Capital has marked the first close of its maiden fund, focusing on deeptech investments.
  • The fund holds investments in various deeptech startups such as Ather Energy, Agnikul Cosmos, Alyssum Therapeutics, Vyome Therapeutics, Aereo, and Ornagewood Labs.

Navam Capital, a deeptech-focused venture firm, has successfully closed the first round of funding for its debut fund. The fund has a strong focus on investing in deeptech startups, with a particular interest in disruptive technologies. Currently, Navam Capital holds investments in a range of companies spanning different sectors, including electric vehicle startup Ather Energy, spacetech venture Agnikul Cosmos, biotech firms Alyssum Therapeutics and Vyome Therapeutics, drone startup Aereo, and robotics venture Ornagewood Labs.

The Indian deeptech investment landscape has been rapidly growing, with recent reports indicating that deeptech investments in the country have crossed the $1 billion mark since the beginning of the decade. This highlights the increasing interest and potential in the deeptech sector, making it a lucrative space for investors like Navam Capital.

As the demand for innovative and cutting-edge technologies continues to rise, deeptech-focused funds like Navam Capital play a crucial role in supporting and nurturing the growth of startups in this space. With a diversified portfolio of investments in key deeptech sectors, Navam Capital is well-positioned to capitalize on the opportunities presented by the rapidly evolving deeptech landscape in India.

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