Synapses launches $125-M VC fund for climate-tech, health-tech

Venture capital (VC) fund Synapses has launched a USD 125 million fund at IIT Delhi’s Research and Innovation Park.Founded by veteran PE-VC investors Ruchira Shukla and Karthik Chandrasekar, Synapses focuses on climate-tech and health-tech sectors. The fund will support startups that build STEM (science, technology, engineering and mathematics) solutions with global value propositions, fostering global collaboration and technology transfers.