BYT Capital rolls out Rs.180-Cr deep-tech focused fund

Bengaluru-based BYT Capital , founded by early-stage investor Amit Chand, has launched an INR 180 crore deep-tech-focused fund that is expected to be closed by Q3 2026.Out of the INR 180 crore, INR 80 crore is a green shoe option. The fund might raise an additional INR 30-40 crore. The fund has already been subscribed by more than 50%.The fund will look to deploy capital across 18-20 deep-tech companies with cheque sizes ranging from INR 3 crore to INR 6 crore in pre-seed to Series A stages.BYT is looking to invest in companies that are in between Technology Readiness Level (TRL) 3 to TRL 7. The firm can do a follow-on investment of up to INR 15 crore and has allocated 55% of the total corpus towards pumping additional capital into portfolio winners.BYT Capital will focus on startups in space-tech and aerospace, defence technology, clean and alternative energy, artificial intelligence for science and drug discovery, synthetic biology and life sciences, quantum technology, and photonics.