Ashish Kumar has launched F2A (Fundamentum Frontier Advisors), a new investment platform focused on AI and deep-tech, following the approval of a ₹2,000 crore fund by the Securities and Exchange Board of India (SEBI). The platform, which includes support from prominent investors such as Nandan Nilekani, aims to invest in startups across consumer, enterprise, and physical AI sectors. Kumar emphasized a structural shift in AI and deep-tech development, stating that India possesses the right mix of talent and capital for such investments. F2A will also manage up to ₹1,000 crore in co-investments, targeting technology-led companies at various stages. Debraj Banerjee has joined as general partner to co-lead the investment strategy, bringing over two decades of experience in venture capital and technology. The initiative builds on the investment strategies of earlier Fundamentum funds, focusing on businesses that leverage frontier technologies to achieve scale and create sustainable competitive advantages.