Transition VC Launches ₹1,500 Cr Fund To Back Deeptech Startups
Transition VC launched a ₹1,500 crore fund to invest in deeptech startups, focusing on energy transition and advanced manufacturing. The fund aims to deploy between $2 million and $5 million in over 20 startups over the next four years, starting in Q3 FY27. This initiative reflects growing investor confidence in India's climate tech sector, building on the success of its first fund, which achieved a 57% internal rate of return.