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Nandan Nilekani-Backed F2A Launches ₹2,000 Crore Venture Fund for Indian AI and Deep Tech

Raghav D.

Ashish Kumar has launched Fundamentum Frontier Advisors (F2A) with a SEBI-approved ₹2,000 crore fund focused exclusively on AI and deep tech.

The platform is backed by Nandan Nilekani and plans to deploy an additional ₹1,000 crore in parallel co-investments to support capital-intensive startups.

F2A specifically targets founders building proprietary intellectual property in consumer, enterprise, and physical AI (robotics/hardware integration).

The massive fund size and Nilekani's endorsement signal a major shift, providing the patient capital needed to build core AI infrastructure directly from India.

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