New fund · AI & Deep Tech

Asiana Fund and JC Capital launch ₹1,000 crore fund

By Startup Enthusiast · 18 September 2026

What they do

Asiana Fund and JC Capital are venture capital firms investing in growth-stage companies

They launched a ₹1,000 crore fund (₹600 crore corpus plus ₹400 crore greenshoe) targeting 12-15 companies

The fund focuses on IP-led deep tech sectors like semiconductors, robotics, and advanced manufacturing

Asiana Fund and JC Capital have launched a new fund with a total size of ₹1,000 crore.
The fund has a corpus of ₹600 crore and a greenshoe option of ₹400 crore.
The sponsors have committed over 20% of the corpus.
The fund will target 12-15 growth-stage companies at Series A and B stages.
It will reserve capital for follow-on investments in portfolio companies.
The initial investment per company will be ₹30-50 crore.
The fund has a life of 8 years with a 2-year extension option.
Expected exits include strategic buyouts and secondary transactions.

The fund aims to facilitate Taiwan-India collaboration, tech transfer, and supply chain links.
India's Semicon 2.0 initiative has attracted global commitments of ~₹1 lakh crore for semiconductor manufacturing.
Applied Materials has committed $5 billion investment in India over the next decade.
India is moving towards an IP-led manufacturing economy with growing capabilities in semiconductors and advanced technologies.

Asiana Fund is the Dani family office, founded in 2017.
It has deployed over ₹700 crore across 11 investments since 2017.
JC Capital is a Taiwan-based VC firm, founded in 2019.
It has invested over ₹1,000 crore across 30 companies since 2019.
Over 80% of JC Capital's limited partners are corporate investors from the US, Japan, Taiwan, and Malaysia.
The fund focuses on advanced manufacturing, robotics, semiconductors, computing, materials, sustainability, aerospace, and defence.
It targets IP-led companies with a clear path to commercialisation.
The initial deal pipeline includes compound semiconductors, motion-control systems for EVs and robotics, secure silicon, smart grids, robotic vision, and optoelectronics.

The fund will facilitate Taiwan-India collaboration, tech transfer, and supply chain links.
It will help portfolio companies with international expansion.

Asiana Fund (sponsor) — Dani family office, founded 2017, deployed over ₹700 crore across 11 investments.
JC Capital (sponsor) — Taiwan-based VC firm, founded 2019, invested over ₹1,000 crore across 30 companies.