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BizDateUp launches Rs 1,000 Cr Pulse Fund I

EntrackrEntrackr · 6m ago
BizDateUp launches Rs 1,000 Cr Pulse Fund I
Medial

BizDateUp has launched Pulse Fund I, a Rs 1,000 crore Category II Alternative Investment Fund (AIF). The fund includes a Rs 500 crore base and an additional Rs 500 crore green-shoe option. According to the fund, it will invest 50% in high-growth startups, 30% in profitable SMEs, and 20% in select real estate projects. The fund is structured as a 10-year close-ended vehicle, extendable by 2 years. It will focus on sectors such as AI, SaaS, fintech, healthtech, deeptech, defense, aerospace, gaming, EV mobility, green energy, and regtech. A special focus will be given to opportunities in tier-II and tier-III cities. The fund also promises financial, legal, and compliance checks, overseen by an NISM-certified fund manager. Founded by Jeet Chandan and Meet Jain, BizDateUp is an ecosystem enabler for startups offering comprehensive support services to visionary entrepreneurs to the forefront of their industry. BizDateUp empowers startups to challenge conventions, pioneer new solutions, and drive meaningful change in their respective fields. It has funded over 25 startups, raised a $10 million fund, engaged 1,000 angel investors, and delivered an average return of 3.5x to its backers in FY24. BizDateUp plans to expand globally by launching parallel funds in Singapore, the USA, and Dubai within 24 months, targeting over $1 billion in international capital for India’s innovation ecosystem. Earlier in May last year, BizDateUp Technologies had acquired a 20% stake in Duro Green, an environmental impact startup providing wet waste management services.

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

EntrackrEntrackr · 14d 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.

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