MountTech Growth Fund Backs India's Strategic Tech Ecosystem

India's push for sovereign capabilities in semiconductors, defence, space and AI is creating new opportunities for specialist deep-tech funds. Moneycontrol highlights how initiatives such as Semicon 2.0, the India AI Mission and defence indigenisation programmes are helping attract private capital into strategic technology sectors.

MountTech Growth Fund (MGF Kavachh) is highlighted for its focus on defence, aerospace, space, semiconductors, cybersecurity, critical communications and strategic materials, with a preference for dual-use technologies. Founder and Managing Partner Raj Sethia also discussed the funding gap that emerges when deep-tech startups move beyond seed funding and require Series A or Series B capital to expand manufacturing and international operations.