Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Former bureaucrat Ajay Kumar, who retired as India's defence secretary in 2022, is entering the venture capital industry with a new fund, Mounttech Growth Fund. The fund, which includes a Rs 250 crore base and an additional Rs 250 crore green shoe option, aims to support early-stage startups in the defence, aerospace, and deep tech sectors. Ajay Kumar's move into venture capital highlights a growing interest in these burgeoning industries.
ET NOW Exclusive | Former Defence Secy floats VC fund What are the key focus areas for the fund? Ajay Kumar answers and explains why he is 'optimistic' on it @Ajaya_buddy @drajaykumar_ias https://t.co/92vWxI9NX9
Startup Central | 8X Ventures: Aims to invest in 20 deeptech startups Which are the sectors on their radar? Chirag Gupta of @8xVentures shares details of India-focused deeptech fund, key focus areas and more @avannedubash @CommittedChirag https://t.co/JT4YMjVi0Y
In the latest episode of Tech Conversations, @RajanAnandan, MD at @peakxvpartners, talks about how India’s deep tech ecosystem is today where the SaaS sector was 10 years ago. Watch⤵️ https://t.co/Noin1dXZCS Hosted by @ArakaliHari https://t.co/yqzDL4uoee
