Try GOLD - Free
Yali Capital Raises $104 Million in Debut Deep Tech-Focused Fund
Mint Kolkata
|July 25, 2025
Yali Capital, a deep tech-focused venture capital firm, has closed its ₹893 crore (about $104 million) maiden fund.
The firm had set out to raise ₹500 crore with a ₹310 crore greenshoe option but managed to raise more than that from its limited partners, which the founders see as a growing appetite for deep tech in India.
The firm raised 78% of its maiden fund from Indian firms and individuals, while the rest came from outside sources.
Yali Capital's investor base includes corporate entities like Infosys Ltd, Qualcomm Ventures, Tata AIG General Insurance Co. Ltd, Madhusudhan Kela's Singularity Fund of Funds, Kris Gopalakrishnan's family office Pratithi Investments and notable individuals like ideaForge founders Ankit Mehta and Rahul Singh.
"The involvement of family offices has been a significant tailwind. Their longer capital horizon does make them good partners for deep tech founders," said Vishesh Rajaram, managing partner at deep-tech venture capital firm Speciale Invest. "Many are moving beyond traditional sectors, actively co-investing in batteries, space, dual-use defense applications..."
This story is from the July 25, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Space startups eye revenue build-up, investors bullish
Investors see funding opportunities with high returns to grow as cos start pulling revenue
2 mins
December 18, 2025
Mint Kolkata
Trump orders blockade of sanctioned oil tankers in and out of Venezuela
U.S. president's announcement escalates pressure on the country's leader, Nicolás Maduro
4 mins
December 18, 2025
Mint Kolkata
Speciale Invest set to launch ₹1,600-crore deeptech fund
Fund will issue $5-8 million cheques, with rounds up to $20 million alongside 2-3 investors
3 mins
December 18, 2025
Mint Kolkata
6 GHz showdown: Jio questions Meta’s $3 tn value-creation math
from telecom auctions in the 6GHz band, based the estimates of the Global System for Mobile Communications Association.
1 mins
December 18, 2025
Mint Kolkata
Wingify eyes acquisitions for growth after Everstone deal
Digital experience optimization startup Wingify is increasingly using acquisitions to accelerate its next phase of growth, aiming to attract enterprise clients.
2 mins
December 18, 2025
Mint Kolkata
Punjab plans EV sops in new industrial policy as states compete for capital
The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.
2 mins
December 18, 2025
Mint Kolkata
Coverage challenge
Can India's insurance sector help mobilize more long-term capital? How much of a differ- ence will the Centre's proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make?
1 min
December 18, 2025
Mint Kolkata
Mind the gaps: Why India's GDP measurement requires a reset
Next year's base revision offers us a chance to improve data accuracy and five reform measures should help achieve that goal
4 mins
December 18, 2025
Mint Kolkata
Let reforms spur India's corporate bond market
This segment of the debt market has been crying out for help. A Niti Aayog report makes yet another attempt to usher in policy changes that are dearly needed for this worthy objective
2 mins
December 18, 2025
Mint Kolkata
Adulteration war may spur premium dairy boom in cities
A renewed crackdown on adulterated dairy products, combined with a shift among urban consumers towards farm-to-table food, is reshaping the dairy market in the world's largest producer of milk.
1 mins
December 18, 2025
Listen
Translate
Change font size