IIMA Ventures Powers Deep-Tech Future: ₹40 Cr Fund Set to Back 30 Startups

🔬 IIMA Ventures Powers Deep-Tech Future: ₹40 Cr Fund Set to Back 30 Startups 🚀

India’s innovation engine just got a serious boost! 💡
IIMA Ventures, in collaboration with SIDBI, is deploying a ₹40 crore fund to invest in 30 high-potential deep-tech startups, focusing on transformative technologies and intellectual property-driven innovations. 🔍💰

🤝 The Power Partnership

In August 2023, IIMA Ventures and SIDBI inked an MoU to create a jointly funded platform, with equal financial contributions. Since then, they’ve already backed 5–7 startups, and plan to fund the remaining 20+ ventures over the next 18 months.

🧾 Key Highlights:

• 💰 Fund Size: ₹40 Crore

• 📈 Startups Backed So Far: 5–7

• 🗓️ Timeline: Full deployment in next 18 months

• 💼 Average Investment Ticket: $200,000 per startup

🧠 Who’s in the Deep-Tech League?

Some startups already shining under this initiative:

• 🔧 Morphing Machines – Fabless semiconductor innovation

• ✈️ Nabhdrishti Aerospace – High-tech aerospace systems

• ⚡ Cancrie – Clean energy disruptor

IIMA Ventures has also funded iconic names like:

• 🚀 Agnikul – India’s space-tech gem

• 🚁 The ePlane Company – Urban air mobility pioneer

• 🔐 Riskcovry – InsurTech innovation

• 🌍 Carbon Trail – Climate tech for a greener tomorrow

🔮 What’s Next?

According to Priyanka Agarwal Chopra, CEO of IIMA Ventures:

“We want to double down on pre-seed stage and boost capital pools for startups in their zero-to-one phase.”

🎯 Target for 2025:

• 🧬 Invest in 40–50 new startups

• 🏁 Expecting 4–6 successful exits

• 🧩 Focus Areas: Deep-tech, digitisation, and climate tech

📢 What It Means for Founders?

This is your moment if you’re working on:

• 💻 Deep-tech breakthroughs

• 🧪 R&D-heavy IP models

• 🌿 Clean & climate tech

• 📡 Aerospace, semiconductors, or AI systems

🧾 Dhan Tax: Your Compliance & Funding Partner

From pre-seed to Series A, Dhan Tax is your guide to:

✅ DPIIT Startup Recognition
✅ Fundraising Support & VC Connect
✅ Tax & Legal Compliance
✅ Investment Structuring

📧 Email: info@dhantax.com
📱 Call: +91 7678456921
🌐 Website: www.dhantax.com