Global venture capital firm Celesta Capital is planning to launch a ₹2,000 crore India-focused deeptech fund, aimed at accelerating investments in high-impact, research-driven startups across the country. The move reflects rising investor confidence in India’s deeptech ecosystem, particularly in sectors requiring long-term capital and advanced engineering capabilities.
The proposed fund will focus on emerging technology areas such as artificial intelligence, semiconductors, space tech, robotics, and other infrastructure-led innovations. These sectors are increasingly seen as critical to the next phase of global technological advancement, driven by rapid AI adoption and growing demand for compute and hardware capabilities.
Celesta Capital has been actively investing in deeptech globally, with a portfolio spanning areas like aerospace, AI, cybersecurity, and next-generation infrastructure. In India, the firm has backed companies across sectors such as space technology and digital health, reflecting its long-term commitment to the market.
The planned fund aligns with a broader shift in India’s startup ecosystem, where capital is gradually moving beyond consumer internet businesses toward deeptech ventures. These startups typically require higher upfront investment and longer development cycles but offer strong global scalability and strategic value.
The initiative also complements ongoing efforts to strengthen India’s deeptech landscape, including increasing collaboration between global investors, government-backed programs, and private capital. Industry-wide efforts have already mobilized significant funding toward sectors like semiconductors, AI, and advanced manufacturing, highlighting growing momentum in this space.
With this fund, Celesta Capital aims to support the next generation of Indian deeptech startups, helping them scale globally while contributing to the country’s ambitions of becoming a major hub for advanced technology innovation.
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