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.
This article was originally
published by the