888VC launches INR 175 Cr fund to boost early-stage deeptech startups in India

Rohit Bafna’s 888VC has launched a ₹175 Cr ($19 Mn) AIF to back early-stage Indian deeptech startups in AI and sustainability. The fund will invest ₹2–4 Cr per startup over three years, focusing on scalable ventures. Founded in 2022, 888VC has already invested $12 Mn across 20 startups, with a portfolio worth $500 Mn. The AIF aligns with India’s RDI scheme.