Jamwant Ventures Partners Aavishkaar Group To Launch INR 500 Cr Defence Tech Fund

by · Inc42

SUMMARY

  • The fund, which has a greenshoe option of INR 250 Cr, will look to back 15-25 startups with a ticket size of $1 Mn to $5 Mn
  • Jamwant Ventures expects to mark the first close of the fund in June next year and final close by the end of 2026
  • The VC firm invested in startups like Spacefields, TIEA Connectors, Axial Aero, Aeronero, Thrustworks Dynetics, AstraYAN, and Green Aero Propulsion from its first fund