Bluehill.VC has closed its maiden deep-tech venture fund at ₹400 crore, according to reports. The fund’s completion marks the firm’s first close and sets the stage for a follow-on raise.
The sources also state that Bluehill.VC is looking ahead to a second vehicle, with plans to raise ₹1,200 crore for its Fund II. While the reports focus primarily on the fund sizes and the forward-looking target, they do not provide major differences in terms of strategy, portfolio details, or specific investors.
Overall, the coverage is consistent in the headline figures: a ₹400 crore first fund and an ambitions target of ₹1,200 crore for Fund II. Any variation across the outlets is limited to phrasing rather than substance.
