TVS Capital eyes six deeptech, manufacturing bets in Fund IV
New Delhi, Oct. 19 -- TVS Capital Funds expects to make at least six investments across deeptech and manufacturing from its latest fund, according to a top executive at the homegrown growth investor.
"We're planing 2-3 investments in deeptech and the same no in manufacturing. Maybe a couple of more in financial services," said Krishna Ramachandran, managing partner at TVS Capital Funds (TCF), in an interview with Mint.
The firm is among 14 second-level fund managers selected by the Research, Development, and Innovation (RDI) Fund to receive capital for investments in frontier sectors that the government considers important to the country's sovereignty. Other funds selected in the first round include Speciale Invest's growth fund, Campus...
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