Fundamentum Frontier Advisors Reaches ₹3,000 Cr First Close For Deeptech Fund

13 Oct 2026, 2:00 pm · 3h ago · 1 min read · Inc42

Amount

₹3,000 Cr

Stage

First Close

Lead

Nandan Nilekani

Ashish Kumar’s venture capital firm Fundamentum Frontier Advisors (F2A) has marked the first close of its growth-stage AI and deeptech fund at ₹3,000 crore, with plans to expand the corpus to ₹3,500 crore. Anchored by Infosys co-founder Nandan Nilekani, the fund raised capital from domestic and global investors across two vehicles. Led by general partners Ashish Kumar, Debraj Banerjee, and Vivek Singla, F2A plans to invest ₹100 crore to ₹200 crore each across 12 to 15 India-domiciled companies over two to three years. The firm focuses on consumer AI, enterprise software, and deeptech infrastructure.