Nandan Nilekani-Backed F2A Upsizes Deeptech Fund to ₹3,500 Crore

22 Oct 2026, 9:09 am · 3h ago · 1 min read · Analytics India Magazine

Amount

₹3,500 Cr

Stage

Fund Close

Fundamentum Frontier Advisors (F2A), anchored by Infosys co-founder Nandan Nilekani and led by Ashish Kumar, has increased its growth-stage deeptech and AI fund hard cap to ₹3,500 crore after receiving ₹3,000 crore in subscriptions. The fund plans to write cheques between ₹100 crore and ₹200 crore for 12 to 15 companies over the next two to three years. F2A will allocate about 40% of its capital to physical AI and semiconductors, betting on patient capital to back domestic deeptech startups tailored to Indian supply chains.