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The round also saw participation from existing and new investors including Accel, BoldCap, Nexus Venture Partners, Premji Invest, and Unbound.
The IPO will open for bids on January 13 for retail and institutional investors.
Other existing investors Elevation Capital and Z47 also participated in the funding round.
Each member of the alliance will commit "meaningful private capital" over 5-10 years to India-based deep tech companies.
The fresh capital will be used to accelerate technology platform development and expand into secondary and tertiary markets.
