Summary
Mumbai-based investment house Piper Serica has successfully raised Rs 300 crore as the first close for its Rs 800 crore Bharat Tech Fund, a Category 2 AIF. The fund will focus on investing Rs 25-50 crore in Indian deeptech startups across sectors like semiconductors, defence, spacetech, fintech, robotics, biosciences, and advanced electronics, aiming to support globally competitive technologies.
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