New Delhi, May 26 -- Nandan Nilekani-backed Fundamentum Partnership has launched a tech-focused investment platform - Fundamentum Frontier Advisors (F2A) - with a target corpus of Rs.2,000 crore.

F2A will manage Fundamentum's Fund III, which will focus on AI-native and deeptech companies. Infosys co-founder Nilekani is the anchor investor in the fund.

While the Rs.2,000 crore corpus is being raised in India with both domestic and foreign investors, Rs.1,000 crore investment vehicle will be set up outside India. Both these vehicles will be managed by F2A to create a portfolio of 12-15 startups.

The announcement comes at a time when investors in the country have become bullish on both deeptech and AI. With deeptech, investors are writing...