888 VC Launches Rs. 175 Cr Fund for AI & Deep Tech Startups

Bengaluru-based 888 VC, an early-stage venture capital firm, has announced the launch of a new Rs. 175 crore (US$19.8 million) fund dedicated to investing in Indian startups focused on artificial intelligence (AI), deep tech, and sustainability.

The fund aims to deploy capital across 20–30 high-potential startups over the next three years, offering ticket sizes ranging from Rs. 2 crore to Rs. 4 crore (US$240,000–$482,000) per investment.

With this initiative, 888 VC seeks to back founders building globally scalable solutions and accelerate India’s participation in the AI and deep-tech innovation economy. The firm is particularly focused on startups targeting global markets and addressing critical challenges in technology and sustainability.

Key Highlights

888 VC launches Rs. 175 crore fund for AI, deep tech, and sustainability startups
Investment ticket sizes of Rs. 2–4 crore per startup over three years
GRO8 platform to offer mentorship, capital access, and cross-border market links

As part of the launch, 888 VC introduced GRO8, a cross-border investment and mentorship platform designed to connect entrepreneurs with international markets. GRO8 will provide founders with capital access, mentorship, and global network connections, helping them navigate fundraising and scaling challenges.

888 VC has already established a track record with 20+ early-stage investments and over US$12 million deployed via syndicated capital. The firm operates in India, the UAE, and the US, giving its portfolio companies a strong cross-border advantage.

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This new fund reinforces 888 VC’s commitment to nurturing next-generation Indian startups and positioning them for global impact.