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Yali Capital
Yali Capital raised an ₹893 crore debut fund to back India's deep-tech founders — moving pre-revenue hardware and science risk onto a venture balance...
Yali Capital
Yali Capital operates out of Bangalore, deploying a ₹893 crore ($104 million) debut vehicle into pre-seed and seed-stage deep-tech startups on the subcontinent. The firm closed the fund in July 2025 (per the firm, July 2025), drawing an LP commitment from Infosys Innovation Fund (per Infosys, April 2025). Its posture is distinct from most India VC: it writes checks into semiconductors, robotics, genomics, aerospace, and applied AI — sectors where labs, fabrication risk, and regulatory paths replace the unit-economics spreadsheets of consumer-tech diligence. The portfolio, six companies as of May 2026, sketches its thesis. Confirmed positions include Perceptyne, a full-stack dexterous-robotics platform for industrial tasks; 4baseCare, a precision-oncology play building genomic datasets for underrepresented Indian populations; and DeepLase Technologies, an IIT Delhi photonics spinout working on laser-manufacturing platforms (per the firm, March 2026). Other investments span AI-driven code modernisation, GenAI-powered virtual customer interactions, and scalable digital power controllers for high-performance semiconductor applications. The firm invests across India, with early bets clustered in Bangalore and Delhi. March 2026: Yali led a ₹6 crore seed round into IIT Delhi photonics spinout DeepLase Technologies (per the firm, March 2026). The team — undisclosed by name — claims a combined 60 years in deep tech and an investment track record that includes companies that reached Indian public markets. The firm maintains a lean public presence: no LinkedIn page, an AI-screened pitch inbox on its website, and a podcast series with portfolio founders discussing the arc from lab to market. Yali Capital's structure as a sector-concentrated, first-time fund targeting pre-revenue physical-technology companies in India makes it a rare test case. India's venture ecosystem has historically starved deep-tech of local risk capital, pushing hardware founders toward government grants or Singaporean family offices. Yali's decision to raise a dedicated vehicle from a domestic strategic LP — Infosys — and deploy it into six named verticals essentially operates as a standing rebuttal to the argument that India lacks a contrarian, early-stage deep-tech institutional pipeline.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
India
City
Bangalore
Corporate office
Karnataka, India
Sector focus
Frequently asked questions
What investment stages does Yali Capital target?
Yali Capital invests at the pre-seed and seed stages, with a mandate that extends into early growth follow-ons. The firm writes first-cheque into deep-tech companies, typically when hardware prototypes or wet-lab data exist but revenue is pre-commercial. Its portfolio companies, as of mid-2026, span this early-stage entry point before reaching scale.
Does Yali Capital fund hardware-heavy companies or only software-enabled deep tech?
The firm explicitly funds hardware and physical-science companies. Named portfolio positions include a full-stack dexterous robotics platform (Perceptyne), a laser-based industrial manufacturing startup (DeepLase Technologies), and a semiconductor power-controller company. This hardware appetite distinguishes it from most Indian VC funds that require software-centric margins from day one.
How did Yali Capital raise its debut fund, and who backed it?
Yali Capital closed its ₹893 crore ($104 million) maiden fund in July 2025 (per the firm, July 2025). The Infosys Innovation Fund committed to the vehicle (per Infosys, April 2025), a notable LP anchor given the strategic alignment with domestic enterprise technology demand. Further LP composition has not been publicly disclosed.
Which sectors does Yali Capital explicitly avoid?
The firm focuses on six named sectors — Semiconductors, Robotics, Genomics, Aerospace, AI, and Enterprise Software — and has not indicated investments in consumer internet, fintech, direct-to-consumer brands, or commercial-real-estate technology. Its mission statement positions it as a counterweight to India's software-first VC majority.
Who runs investment decisions at Yali Capital?
Yali Capital has not publicly named its principals, investment committee members, or operating team. The firm's website references a collective team with a combined 60 years of deep-tech experience and a track record of prior investments that reached Indian public markets, but individual attribution remains undisclosed as of mid-2026.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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