Fundamentum Frontier Advisors Marks First Close Of ₹3,000 Cr Deeptech Focused Fund

Ex-Fundamentum’s cofounder Ashish Kumar’s VC firm Fundamentum Frontier Advisors (F2A) has marked the first close of its growth-stage AI and deeptech fund at ₹3,000 Cr, India’s largest fund in the sector. Additionally, F2A said its LPs have approved plans to increase the size of the fund to ₹3,500 Cr, given the investor demand beyond the current capacity. The fund has raised capital from both domestic and overseas investors and will divide the funds across two vehicles.