Summary
Aum Ventures has successfully raised Rs 225 crore in the first close of its new Rs 750 crore India Innovation Fund II, targeting Indian deeptech startups in sectors like spacetech, semiconductors, and AI. The fund, with over 65% international commitments, aims to invest in 25-30 companies, building on the success of its first fund and aligning with India's growing public support for research-intensive technology.