TVS Capital Fund IV targets six deeptech and manufacturing bets
TVS Capital Fund IV targets deeptech and manufacturing
TVS Capital Fund IV plans at least six investments across deeptech and manufacturing, according to TVS Capital Funds managing partner Krishna Ramachandran. The firm is also considering additional investments in financial services.
TVS Capital had applied for a ₹ 200 crore commitment from the Research, Development, and Innovation Fund, but it has yet to receive formal confirmation of the amount it will receive. Its fourth fund is sized at ₹ 4,000 crore.
What TVS Capital Funds does
TVS Capital Funds is a homegrown growth investor focusing on deeptech, manufacturing and financial services. Within deeptech, it is focusing on niche areas such as AI infrastructure, along with IP-based companies in defence, space and aviation. The firm is also interested in products such as electronic components.
Newsletter
The corridor, every morning.
Funding rounds and cross-border capital moves, one email, five minutes.
The firm is among 14 second-level fund managers selected by the RDI Fund to receive capital for investments in frontier sectors that the government considers important to the country's sovereignty.
The company view
“Our first filter is that it has to be an India-domiciled business. Secondly, it has to be a multi-decade business, not just what is relevant today,” said Ramachandran.
More in Market Move
