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How to Apply for ACIC-VGU Anchor Fund — ₹12L to ₹15L Co-Investment for DeepTech Startups

How to apply

ACIC-VGU Anchor Fund — ₹12L to ₹15L Co-Investment for DeepTech Startups accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.

How to apply

Applications are submitted on the . Confirm the current deadline and document checklist there before you start.

Selection process

Every application first passes an eligibility screen. The check is specific: does the startup hold a signed term sheet from a lead investor who qualifies, and does the venture clearly belong to either the DeepTech or the Community-Based category?

Shortlisted applicants then move into a rapid due diligence stage. It is lighter than a typical investor review because the lead investor has already validated and priced the deal. The work at this stage centres on three things:

  • Confirming the terms of the lead investment.
  • Assessing the strength of the technology or solution.
  • Checking strategic fit with ACIC-VGU's objectives.

The final decision rests with the Investment Committee, which weighs the startup's overall potential together with the terms the lead investor has already set.

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