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Deeptech-focussed venture capital fund Yali Capital on Friday announced the final close of its maiden fund at Rs 893 crore (around $104 million).
The fund, launched in July last year, has exceeded the target corpus of Rs 810 crore, which included a greenshoe option of Rs 310 crore. This is a provision that allows a fund to raise more capital than originally targeted in case of higher-than-expected demand.
Through this fund, Yali plans to invest across early- and late-stage companies with a focus on deeptech sectors, including semiconductors,
