Bengaluru, July 23 -- Singularity AMC, the investment firm backed by veteran investor Madhusudhan Kela, is raising capital from select investors seeking exposure to portfolio companies with significant presence in high-growth manufacturing sectors.

The fund is mandated to support sectors such as renewable energy, energy storage, transmission and distribution, battery materials, critical energy minerals, defence, electronics, semiconductors, medical devices, nuclear energy, and aerospace and automotive components.

"The deal size will range between Rs.250 crore and Rs.500 crore alongside co-investors who will invest in high-growth manufacturing companies," said Yash Kela, founder and chief investment officer of Singularity. "We are aggres...