Piper Serica’s ₹800 Cr Bharat Tech Fund Hits First Close At ₹300 Cr

by · Inc42

SUMMARY

  • Piper Serica’s ₹800 Cr Bharat Tech Fund has achieved its first close at ₹300 Cr
  • The fundraise highlights rising investor interest in India’s deeptech ecosystem as advanced technology startups gain traction
  • Nearly 50% of commitments came from existing investors, with the fund targeting ₹20-₹50 Cr investments per startup