888VC Launches Rs 175 Crore Fund for AI, Deep-Tech & Sustainability Startups
- 888VC rolls out Rs 175 crore fund to back Indian startups in AI, deep-tech, and sustainability.
- New platform GRO8 launched to offer capital, mentorship, and global market access.
- Fund targets high growth, globally scalable startups with Rs 2-4 crore average investment size.
Early stage accelerator fund 888VC has announced the launch of Rs 175 crore investment fund to fuel India’s most promising startups in artificial intelligence (AI), deep-tech, and sustainability. The goal is clear, support visionary Indian founders who are solving real world problems and building innovations that can scale globally.
The fund is focused on startups with the potential to grow into global first companies, especially in high growth ecosystems like the UAE, US, and beyond. Over the next three years, 888VC plans to invest in startups with average ticket sizes ranging between Rs 2 crore and Rs 4 crore.
Alongside the fund, 888VC has also introduced GRO8, a first-of-its-kind cross-border investment and mentorship platform. GRO8 aims to bridge critical gaps in early stage startup growth especially capital access, expert guidance, and global networking opportunities.
Founded by Rohit Bafna, 888VC brings a mix of deep industry experience and a hands on approach to startup scaling. The firm is already active across India, the UAE, and the US, and plans to use this global network to help Indian startups grow faster and smarter.
According to recent market reports, India’s AI startups are projected to cross $17 billion by 2027, while deep-tech funding has seen 2.5X growth in the past three years. Sustainability focused startups have also pulled in $2.5 billion in 2024 alone, proving there’s a rising demand for innovation driven, impact led ventures.
888VC has already evaluated over 500 startups, funded 20+ companies, and deployed more than $12 million in capital. Its current portfolio boasts a collective valuation of over $500 million.
