Deeptech startup funding nears 2025 levels as VC conviction strengthens

Nandan Nilekani-backed Fundamentum, which has traditionally invested in consumer technology, fintech and business-to-business software as a service. ₹3,000 crore deeptech and consumer AI focused fund. Co-founder Ashish Kumar has roped in Debraj Banerjee, former senior fund manager at Small Industries Development Bank of India Venture Capital Ltd., to lead deep tech investments in the new fund.