Udtara Ventures Launches INR 250 Cr Growth Fund for Deep-Tech, Defence Startups
The fund plans to acquire meaningful ownership stakes in 8 to 10 growth-stage firms building commercially deployable systems.
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Venture capital firm Udtara Ventures has launched INR 250 crore Udtara Growth Fund to support the development and expansion of strategic deep-tech and defence companies with global potential.
The move reflects a broader shift in India’s investment landscape toward frontier engineering and patented technologies originating within the country.
The fund plans to acquire meaningful ownership stakes in 8 to 10 growth-stage firms building commercially deployable systems. These companies are expected to demonstrate proven product-market fit and maintain confirmed order books before receiving investment.
Udtara aims to act as a long-term partner by offering a combination of equity and debt financing to enable efficient scaling. This hybrid structure is intended to provide financial stability for companies operating in capital-intensive sectors such as aerospace and dual-use technologies.
The firm said it works closely with founders on manufacturing readiness, supply-chain development and regulatory alignment. Its support spans the full lifecycle of a company, from early experimentation and prototyping to global expansion.
Ankit Lakhotia, Founder of Udtara Ventures, said, “Breakthrough technologies require more than capital — they demand patient execution, engineering discipline, and a clear path from innovation to commercially viable products. Udtara is designed to work hands-on with founders to convert advanced science into production-grade systems.”
The fund aims to strengthen India’s frontier science ecosystem and position domestic innovations for global competitiveness.
Venture capital firm Udtara Ventures has launched INR 250 crore Udtara Growth Fund to support the development and expansion of strategic deep-tech and defence companies with global potential.
The move reflects a broader shift in India’s investment landscape toward frontier engineering and patented technologies originating within the country.
The fund plans to acquire meaningful ownership stakes in 8 to 10 growth-stage firms building commercially deployable systems. These companies are expected to demonstrate proven product-market fit and maintain confirmed order books before receiving investment.
Udtara aims to act as a long-term partner by offering a combination of equity and debt financing to enable efficient scaling. This hybrid structure is intended to provide financial stability for companies operating in capital-intensive sectors such as aerospace and dual-use technologies.
The firm said it works closely with founders on manufacturing readiness, supply-chain development and regulatory alignment. Its support spans the full lifecycle of a company, from early experimentation and prototyping to global expansion.
Ankit Lakhotia, Founder of Udtara Ventures, said, “Breakthrough technologies require more than capital — they demand patient execution, engineering discipline, and a clear path from innovation to commercially viable products. Udtara is designed to work hands-on with founders to convert advanced science into production-grade systems.”
The fund aims to strengthen India’s frontier science ecosystem and position domestic innovations for global competitiveness.
