New $50 Million Fund Targets High-Growth Opportunities in AI and Deep Tech

Ronnie Screwvala introduced a $50 million fund to support early-stage AI, deep tech, and space tech startups, targeting high-scale ventures capable of becoming India’s next major breakout companies.

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New $50 Million Fund Targets High-Growth Opportunities in AI and Deep Tech

New $50 Million Fund Targets High-Growth Opportunities in AI and Deep Tech
Ronnie Screwvala announced the creation of a $50 million fund aimed at supporting early-stage startups across AI, deep tech, and space technology, with a focus on ventures capable of scaling to the size and impact of India’s major consumer-tech successes. The fund intends to identify high-potential founders building products with global relevance, strong unit economics, and long-term defensibility. 
According to initial statements, the investment strategy emphasizes backing companies at the pre-seed and seed stages, enabling them to accelerate product development, achieve market fit, and secure follow-on institutional capital.