Fundamentum Secures ₹3,000 Crore to Fuel Indian AI and Deep-Tech Startups
Backed by Nandan Nilekani, venture firm Fundamentum has successfully closed its third fund at ₹3,000 crore, driven by robust investor demand with plans to expand it to ₹3,500 crore. This substantial capital injection aims to accelerate the growth of emerging artificial intelligence and deep-tech enterprises across India, strengthening the nation's burgeoning technology ecosystem.
Source: NewsBytes