Ammunic raises $1.1 mn; Yali Capital closes ₹893 cr deeptech fund
Ammunic Systems raised $1.1 million in seed funding led by India Accelerator and Finvolve to advance its defence-tech innovations. Separately, Yali Capital closed its ₹893 crore deeptech fund backed by Infosys, Qualcomm Ventures, and others. The fund will support startups in semiconductors, AI, robotics, and aerospace, marking a significant boost for India’s deeptech ecosystem.