Next Orbit Ventures Master Fund II
SEBI Registration No. IN/AIF/11-12/0232
Category and Type: AIF, Close Ended
Fund Manager: Next Orbit LLP
Scheme: NOVF Scheme I
Corpus: INR 4500 Cr / US$ 2 Bn
Investing in the Future of India's Technology Economy
The Next Orbit Semiconductor and Electronics Ecosystem Fund is dedicated to investing across the semiconductor and electronics value chain, supporting the development of globally competitive manufacturing capabilities and strengthening India's strategic technology ecosystem.
As the global demand for semiconductors and advanced electronics continues to accelerate, India is emerging as a strategic destination for manufacturing, design, and innovation. Next Orbit believes that building a resilient domestic semiconductor ecosystem is essential to enhancing technological self-reliance, strengthening supply chains, and driving long-term economic growth.
Our investment strategy focuses on partnering with leading global technology providers, strategic investors, governments, and industry participants through a consortium-based approach that combines capital, technical expertise, operational excellence, and long-term commitment.
Investment Focus
The Fund targets investments across the semiconductor and electronics value chain, including:
- Semiconductor fabrication facilities including digital, analog, mixed-signal, power, compound semiconductor, and solar technologies
- Semiconductor design, IP, EDA, and fabless companies
- Assembly, Testing, Marking and Packaging (ATMP) and OSAT facilities
- Semiconductor materials, specialty chemicals, gases, wafers, and equipment suppliers
- Printed Circuit Board (PCB), substrate, display, battery, and electronic component manufacturers
- Electronics Manufacturing Services (EMS) and Original Design Manufacturers (ODM)
- Consumer, industrial, automotive, defence, medical, and telecommunications electronics companies
- Supply-chain infrastructure and enabling technologies supporting the semiconductor ecosystem
By investing across the entire value chain rather than individual assets, Next Orbit seeks to create an integrated ecosystem that fosters innovation, enhances domestic manufacturing capabilities, reduces import dependence, and positions India as a globally competitive hub for semiconductor and electronics manufacturing.