Unicorn India Ventures to close Rs 1,000 crore fund III by July

Early-stage venture capital firm Unicorn India Ventures is on track to close its Rs 1,000 crore Fund III by July. The firm plans to allocate 75-80% of the fund to deeptech sectors such as semiconductor, spacetech, and medical diagnostics, while the remaining 20% will be directed toward digital India initiatives and SaaS companies.