Speciale Invest raises Rs 120 crore for its second seed fund

Bengaluru: Homegrown venture capital fund Speciale Invest has raised Rs 120 crore ($16.2 million) for its second seed fund, which it intends to close at Rs 140 crore. “We expect to complete the balance very soon,” Managing Partner Vishesh Rajaram said in an interview with ET.

Speciale Invest backs enterprise software and deeptech startups, among other verticals. Its investments include Agnikul, which makes rockets so miniaturised they can be 3D printed, and Wingman, which provides an artificial intelligence-driven sales intelligence platform.