Bluehill.VC Marks Final Close Of ₹400 Cr Maiden Frontier Tech Fund

by · Inc42

SUMMARY

  • Early-stage VC firm Bluehill.VC has marked the final close of its maiden ₹400 Cr frontier tech fund. The fund includes a greenshoe option of ₹50 Cr
  • The fund close comes amid growing momentum in India's deeptech sector, helped by policy support for semiconductors, defence indigenisation and advanced manufacturing
  • With the fund, the VC is looking at building a concentrated portfolio of 15-16 companies with an average first cheque of $1-2 Mn