Ashish Kumar, co-founder of Fundamentum Partnership, has launched a new frontier-tech investment platform called F2A (Fundamentum Frontier Advisors). The platform has received SEBI approval for its new fund, Fundamentum III – AI and DeepTech, with a target corpus of Rs 2,000 crore. F2A will also manage up to Rs 1,000 crore in co-investments alongside the fund. F2A plans to invest in startups working across consumer, enterprise, and physical AI. Nandan Nilekani has joined the platform as an anchor investor. Former SIDBI Venture Capital executive Debraj Banerjee has joined F2A as General Partner to co-lead its AI and deeptech investment strategy. Banerjee previously invested in startups such as QpiAI, Digantara, SigTuple, Myelin Foundry, OTPless, DrinkPrime, and Vahdam. According to the firm, F2A will focus on stage-agnostic technology startups building in AI and deeptech sectors. Ashish Kumar will continue overseeing the existing portfolio of Fundamentum’s earlier funds alongside the new platform. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
