Cartica Acquisition registered to offer 20 million units at $10 each, with each unit consisting of of one Class A ordinary share and one-half of a warrant.
J.P. Morgan is sole book-running manager. The underwriter may opt to purchase up to 3 million additional units.
Cartica will target India-focused technology firms.
Director nominee Subramanian Ramadorai is chairman of Tata Technologies Limited and Tata STRIVE, and an independent director on the boards of Piramal Enterprises and DSP Investment Managers.
The SPAC has applied for a Nasdaq listing under CITEU.
