The capital will be used to expand eight projects across nine states, covering 120,000 hectares of land and involving over 150,000 smallholder farmers
AJVC has already invested in 25 startups across AI and consumer technology and plans to back 60–70 more teams from this fund.
The Flipkart veteran–led startup is betting on premium groceries, higher order values, and a slower-but-leaner dark store model to carve space in India’s $6 billion quick commerce market.
The alliance seeks to bridge long-standing capital gaps in deep tech by channelling funds into high-cost, high-impact areas such as semiconductors, AI, robotics, space, defense, and medical devices.
The firm had previously targeted raising $130 million for its first close, when it announced its $225 million Fund II in March this year.
The company said the fresh capital will be deployed to deepen its distribution network across smaller cities, expand private label offerings, and further improve supply chain efficiency.
Launched in 2023, the growth-stage investor has already deployed one-third of the corpus through investments of $8–14 million each across startups like Astrotalk, IDfy, Smallcase, Porter, and Snapmint.
The startup is currently live in 10 Bengaluru pincodes with a single 4,000 sq. ft. dark store and will roll out its app in September.
The board will anchor #100DesiDeepTechs, a national initiative to identify and support India’s top 100 deeptech startups.
Targeting India’s top 10% of consumers, FirstClub offers member-only clean-label groceries with 30-minute delivery. It is now looking to scale from Bengaluru to Delhi and Mumbai
This will mark the VC firm’s first quick commerce investment since its $500,000 seed bet in Grofers (now Blinkit) in 2014.
Deeptech, generative AI and computer vision are among the top-funded sectors in 2025, reflecting investors’ focus on specialised and high-potential applications
Fund cycles, better exits and stronger startup pipelines are drawing fresh capital back into India’s venture ecosystem
The investment comes just a week after Zepto raised Rs 7.5 crore from Elcid Investment at a valuation of $5.9 billion.
The D2C beauty brand, valued at $200 million, aims to double its Rs 500-crore revenue run rate, as it scales offline retail and tech investments
The AI-native code intelligence platform aims to help developers and AI agents build better, self-improving software
Moneycontrol was the first to report in April that the firm was in talks with multiple investors for a Rs 500 crore fundraise
The firm plans to back 8–10 startups over the next four years through its second fund via its in-house company creation model.
The startup plans to use the funds to scale presence beyond 300 towns and deepen its reach in groceries and essentials
The fresh capital will be utilised to accelerate development of Composio's learning infrastructure, as the startup's technology enables systems to continuously improve by accumulating experience, unlike conventional AI agents that remain static despite repeated use. Moneycontrol first reported on this deal in April.
Startups are betting on curated, hyperlocal delivery experiences as fashion emerges as a hot new frontier in India’s quick commerce playbook
The announcement assumes significance considering the recent focus on the deeptech sector and their success in Ather IPO.
The fund was oversubscribed and closed within five months from launch, with support from existing investors, including a significant General Partner commitment, and a curated group of new investors.
This marks Infra.Market’s second fundraising in 2025 after an equity round earlier this year from existing investors
As per the release, the company currently operates 42 tech-enabled warehouses covering over 2.2 million square feet, delivers to more than 24,000 pin codes, and is operating at a revenue run-rate of Rs 250 crore.