Ankur Capital Fund III vows to invest 
1, 200 crore in Deep technologies
An early stage venture capital fund, Ankur Capital has gotten commitments from two of its current partners into its third fund.
According to the press release by the Ankur Capital, the company said, British International Investment & the John D. & Catherine T. MacArthur Foundation together have marked commitments to the third fund of Ankur Capital - Ankur Capital Fund III.
The twosome partners join the US DFC – International Finance Corporation and Self-Reliant India Fund who had committed to the fund previously. By means of the goal of 
1, 200 crore (approximately $150 million), Ankur Capital Fund III will persist to invest in advanced technologies with diverse themes entering into the digital revolution and generating decarbonization opportunities for both India and outside.
1, 200 crore (approximately $150 million), Ankur Capital Fund III will persist to invest in advanced technologies with diverse themes entering into the digital revolution and generating decarbonization opportunities for both India and outside.
As per the Ankur Capital, the company manages more than $200 million AUM across its past funds. By the Fund III, Ankur will persist its focus on the investments in Pre-series A with major entry check sizes in the range of $1 to 2 million and endure its unwavering support up to $10 million.
Since the establishment, Ankur Capital has been supporting the innovations in deep technologies that underscore the vital problems including enhancing the efficiency of market supply chain, productivity of agriculture, climate and health related innovations, fresh [products and services for greater markets.
The investment portfolio of Ankur Capital includes, Niramai, Captain Fresh, String Bio, Vegrow, Offgrid Energy Lab and BigHaat
Expressing to this, Ritu Verma, Co-founder and Managing Partner, Ankur Capital, “At Ankur, we continue to be attracted to entrepreneurs creating the next generation of technologies across sectors and are particularly bullish about the deep science technologies, agtech and climate opportunities”.
Similarly, Abhinav Sinha, Managing Director and Head of Technology and Telecoms at BII states, “Technology is key in addressing many developmental challenges, including poverty and climate change. Through our partnership with Ankur and the innovative businesses it supports, we can reach more smallholder farmers and vulnerable communities in India for better productivity and inclusion”.
Further he added, "This is also in line with the Government of India’s commitment to support sustainable development and prioritize support to agri-startups”.
