Fund News
ValleyNXT Ventures launches Rs.400-Cr fund for early-stage startups
Indore-based ValleyNXT Ventures has launched Bharat Breakthrough Fund-I, a Category I venture capital fund, with a size of INR 400 crore, comprising a base corpus of INR 200 crore and a greenshoe option for an additional INR 200 crore, to back seed to pre-Series A startups.The Bharat Breakthrough Fund will focus on investing in deep-tech and tech-first startups across sectors such as space, defence tech, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation. It is also a venture capital-plus-accelerator model, using ValleyNXT’s MIB (Mentorship, Investment, and Business Connects) framework to address challenges faced by startups between the validation and scale phases.The firm has evaluated over 5,000 deals and invested in more than 10 ventures, providing capital, mentorship, and strategic business connections for growth.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
