VC fund Yali Capital closes first deeptech fund at Rs 893 crore; exceeds target

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,