Udtara Ventures, a Delhi-based venture capital firm, has launched the Rs 250 crore Udtara Growth Fund to support growth-stage companies pioneering innovative technologies in the defence, aerospace, and dual-use industries. The fund aims to back 8 to 10 companies with a focus on a combination of equity and debt financing to enable efficient scaling.
As a long-term partner, Udtara Ventures plans to leverage its expertise in manufacturing readiness, supply chain development, and global market access to support portfolio companies from the prototyping stage to global expansion.
Founded in 2019, Udtara Ventures is known for its investments in high-growth, technology-driven Indian startups. The fund’s mission is to cultivate enduring, mission-critical firms and create sustained value for founders and investors by promoting technology innovation originating from India.
Source: Entrackr : Latest Posts