Fund News
Asiana Fund, Taiwan’s JC Capital to launch Rs.1,000-Cr advanced manufacturing fund
Mumbai-based Asiana Fund , the investment platform of the Dani Family Office, has partnered with Taiwan-based JC Capital to launch an INR 1,000 crore fund focused on advanced manufacturing. The fund structure consists of an INR 600 crore corpus and an INR 400 crore greenshoe option.Founded in 2022 by Jalaj Dani, Asiana Fund intends to invest in 12 to 15 growth-stage companies in robotics, semiconductors, computing, materials, aerospace and defence sectors. Investments will focus on businesses with established paths to commercialisation.The initial cheque sizes will be between INR 30 crore and INR 50 crore, while a portion of the capital will be reserved for subsequent funding rounds.Beyond providing capital, the firm aims to connect Indian companies with the supplier and technology ecosystem in Taiwan, facilitating access to technology partnerships, component sourcing and joint ventures. The fund has an eight-year lifespan with a two-year extension, targeting exits through strategic buyouts and secondary transactions.
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