NEW DELHI -- Indian early-stage venture capital fund pi Ventures said it has raised $85 million in the final close of its second fund, 2.5 times more than its predecessor fund, to invest in AI and deep tech startups.
Funds to be used for backing AI, deep tech startups

The second fund of pi Ventures was oversubscribed and exceeded its initial target of $68 million. (Source photo: screenshot from pi Ventures' website)
NEW DELHI -- Indian early-stage venture capital fund pi Ventures said it has raised $85 million in the final close of its second fund, 2.5 times more than its predecessor fund, to invest in AI and deep tech startups.