Navam Venture Fund-I closes above INR3.15 billion
Navam Capital’s first fund exceeded its target to back science-driven and frontier technology companies.
Navam Capital has completed the final close of Navam Venture Fund-I at more than INR3.15 billion, exceeding its original INR2.5 billion target. Its backers include domestic family offices, corporate groups, wealthy individuals and technology founders.
The fund has invested in eight startups and plans a portfolio of about 15–16 companies. It focuses on frontier technologies and science-led businesses, with initial seed and pre-Series A investments supported by capital reserved for follow-on rounds.
Use of funds
Invest in science and frontier technology companies