India, July 25 -- Venture capital firm Yali Capital has closed its maiden deeptech-focussed fund at INR 893 Cr ($103.2 Mn).

The VC firm launched the early stage fund at INR 810 Cr in July last year to back startups operating in the deeptech sector.

The fund aims to invest in startups across chip design, robotics, genomics, smart manufacturing, aerospace and AI sectors.

The company has raised capital from corporates such as Infosys, Qualcomm Ventures, DPIIT Fund of Funds for Startups and Evolvence, among others.

Additionally, TVS Capital founder Gopal Srinivasan Rare Enterprises chief executive Utpal Sheth JM Financial's managing director Vishal Kampani are among its notable investors.

Yali Capital is a SEBI-approved Category 2 AIF an...