Chennai-based venture capital firm Bluehill.VC has announced the final close of its maiden frontier-tech fund at ₹400 crore, including the full exercise of a ₹50 crore greenshoe option. The fund has already deployed over ₹100 crore across seven startups, with plans to invest another ₹80 crore over the next six months .

Mirae Asset Venture Investments India has secured ₹1,125 crore in the first close of its new India-focused fund, the Mirae Asset Venture Opportunity Fund-II (MAVOF II). The fund has a total target corpus of ₹1,800 crore and represents the firm’s third dedicated India-focused vehicle, significantly expanding its commitment to the country’s startup ecosystem .