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888VC launches Rs 175 Cr fund for AI, deep-tech, sustainability startups in India

EntrackrEntrackr · 5m ago
888VC launches Rs 175 Cr fund for AI, deep-tech, sustainability startups in India
Medial

888 VC, an early-stage accelerator fund, has announced the launch of a Rs 175 crore investment fund. The funds are aimed to fuel the nation's next generation artificial intelligence, deep tech, and sustainability startups, targeting visionary founders whose innovations are addressing both local problems and have the potential to transform global markets. Over the next three years, the company plans to invest in global first Indian startups with average investment sizes ranging between Rs 2 crore and Rs 4 crores, focusing on technologies that are capable of scaling to high-growth ecosystems such as the UAE, the US, and beyond. 888VC also unveiled GRO8, the region’s largest cross-border investment and mentorship platform. Designed to address a crucial gap in the early-age startup ecosystem, like access to capital, mentorship, and market connections. As per market research, AI startups in India are projected to cross $17 billion by 2027; deep tech funding is said to have grown 2.5X in the last 3 years, driven by enterprise SaaS and frontier technologies, and sustainability startups have attracted approximately $2.5 billion in 2024 alone. Founded and led by Rohit Bafna, 888VC combines deep industry expertise with a hands-on approach to scale startups. The VC firm is focused on innovation in artificial intelligence, deep tech, and sustainability. Operating actively in India, UAE, and the US, the fund aims to catalyze the growth of category-defining startups and enable scalable global expansion. The VC firm asserts that it has evaluated 500 startups, funded over 20 companies, and deployed more than $12 million in syndicated capital, the accelerator fund is now maintaining a boasting portfolio exceeding $500 million valuation.

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ValleyNXT Ventures floats Rs 400 Cr fund to back seed- to pre-Series A startups

EntrackrEntrackr · 9d ago
ValleyNXT Ventures floats Rs 400 Cr fund to back seed- to pre-Series A startups
Medial

ValleyNXT Ventures has launched Bharat Breakthrough Fund–I, a SEBI-registered Category I venture capital fund, with a total size of Rs 400 crore to back seed to pre-Series A startups. In the phase between validation and scale, startups often fail due to fragmented advice, premature scaling pressure, and a lack of execution clarity. Bharat Breakthrough Fund has been designed to address this gap through a unique VC-plus-accelerator model, powered by ValleyNXT’s proven MIB framework—Mentorship, Investment, and Business Connects. Bharat Breakthrough Fund–I is targeting a base corpus of Rs 200 crore, with a greenshoe option of an additional Rs 200 crore, creating a Rs 400 crore fund focused on investing in deep-tech and tech-first startups. The fund will support innovation across sectors including space, defence tech, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation. According to ValleyNXT Ventures, it has already supported multiple early-stage startups through its strong angel network and accelerator-driven investment approach. With a proven track record of evaluating over 5,000 deals and investing in more than 10 promising ventures, the firm has consistently enabled startups with capital, mentorship, and strategic business connections to accelerate growth. The fund is led by an experienced leadership team comprising Nikhil Agarwal, Madhu Vasepalli, Anand Saklecha, and Suresh Goyal, bringing together deep expertise in venture investing, acceleration, governance, and deep-tech innovation.

BYT Capital launches Rs 180 Cr deeptech fund

EntrackrEntrackr · 2m ago
BYT Capital launches Rs 180 Cr deeptech fund
Medial

BYT Capital launches Rs 180 Cr deeptech fund BYT Capital has announced a Rs 180 crore early-stage fund aimed at backing deep-tech and frontier engineering startups. The Category II AIF will invest in companies building IP-driven products emerging from research labs and engineering ecosystems. More than half of the fund has already been subscribed, and the firm expects a final close by Q3 2026. Founded by Amit Chand and Dinesh Kumar, BYT Capital plans to deploy capital into 18–20 startups with initial cheques of Rs 3–6 crore. Around 55% of the fund has been set aside for follow-on rounds. The firm has already made early commitments across space, life sciences, robotics, and clean energy. The focus is on companies converting lab-stage work into market-ready products with global demand. “India is entering a phase where scientific entrepreneurship can create companies with global relevance,” said founder Amit Chand. He added that deep-tech will shape future industrial capacity and strengthen strategic capabilities across sectors such as materials, quantum, defense, and energy. BYT Capital plans to support founders from early experimentation to global commercialization, building a long-term platform focused on frontier technology originating in India.

UK-India cross-border VC firm Pontaq secures Rs 10 Cr from Navyug Global

EntrackrEntrackr · 4m ago
UK-India cross-border VC firm Pontaq secures Rs 10 Cr from Navyug Global
Medial

UK-India cross-border VC firm Pontaq has secured a Rs 10 crore investment from Navyug Global for its India-focused fund. The proceeds will be used to fund over 10 deep-tech startups in the cleantech and fintech sectors, Pontaq said in a press release. Navyug Global’s commitment as a Limited Partner (LP) reinforces confidence in Pontaq’s investment strategy and track record, supporting the firm’s ongoing fund expansion to back innovative startups in deeptech, sustainability, and frontier technologies across India and the UK. Pontaq’s India Fund focuses on early-stage investments across deeptech, AI, climate tech, and enterprise solutions, helping startups scale across geographies. Pontaq is a cross-border venture capital firm operating across the UK–India corridor, with investments spanning the US and Canada. The fund backs high-impact technology ventures in sectors such as cleantech, healthtech, fintech, and deeptech, with a strong focus on scalable innovations that create economic, social, and environmental impact. Beyond capital, Pontaq provides hands-on mentorship, strategic guidance, and global market access, enabling startups to scale rapidly and deliver transformative solutions across geographies.

Warmup Ventures launches Rs 300 Cr founders-backed Fund II

EntrackrEntrackr · 1y ago
Warmup Ventures launches Rs 300 Cr founders-backed Fund II
Medial

Warmup Ventures has launched its second fund, Warmup Fund II, a SEBI-registered Category 2 AIF, with a corpus of Rs 300 crore. The fund will focus on transformative areas such as deep-tech, climate, and sustainability and plans to invest Rs 5–7 crore each in 25-30 early-stage startups across sectors, with a significant provision for follow-on rounds, Warmup Ventures said in a press release. Co-founded by Sharad Bansal, Rajendra Lora, and Yogesh Chaudhary, Warmup Ventures aims to bridge the gap between India's rich business heritage and its burgeoning innovation economy. By engaging family offices and second-generation entrepreneurs, the fund creates a unique platform that connects legacy businesses with future-forward startups. Warmup Ventures has backed over 15 startups. These include Bobabhai, scaling to more than 45 stores nationwide; Nitro Commerce, now hosting over 200 brands; Minimizes, a Li-ion battery recycling startup; RocketPay, a simplified payment collection app with over 5,000 merchants onboard; and Balwaan Krishi, which secured Rs 40 crore from JM Financial to advance agritech solutions for small and mid-size farmers. Warmup Ventures looks to go beyond funding by equipping early-stage founders with the knowledge and networks to make informed decisions and scale faster. The VC firm says that it harnesses the collaborative power of its network to create value for both portfolio startups and investors.

Trillion Dollar Ventures launches Rs 50 Cr Fund II

EntrackrEntrackr · 1y ago
Trillion Dollar Ventures launches Rs 50 Cr Fund II
Medial

Venture capital firm Trillion Dollar Ventures (TDV) has launched its second fund with a total corpus of Rs 50 crore, doubling its corpus size from the first fund. The new fund aims to support early-stage tech startups in India. TDV plans to back innovative founders and support companies in the pre-seed and seed stages with cheque sizes ranging from Rs 1-2 crore per startup. The fund’s goal is to collaborate with and nurture these companies. The VC firm will invest in business models such as platform plays, marketplaces, and exchange businesses across various consumer tech (B2C) categories, including spirituality tech, fintech, gaming, the creator economy, social media, and consumer upgrades. According to TDV, its investment strategy focuses on backing serial founders or those with deep domain expertise, with a strong preference for high-tech, low-operation businesses. The fund’s lifecycle is set between 5 to 7 years, with expectations to make 10-12 investments annually, starting capital deployment in Q3 FY25. TDV reports that its first fund provided exit opportunities within 2 years of investment, generating over 60% IRR. The firm has received strong commitments from limited partners (LPs) in India and countries like the US, UK, UAE, and Singapore, validating its early-stage investment model and high return potential. Its backers include top global unicorn founders, family offices, and CXOs across various industries. Launched in 2021 by Ujwal Sutaria, TDV is dedicated to investing in innovative founders and nurturing startups across sectors such as fintech, gaming, spirituality tech, and consumer tech, claiming to have backed more than 30 companies.

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