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

EntrackrEntrackr · 1m 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.

Kotak BizLabs launches Season 2 to support over 75 startups

EntrackrEntrackr · 18d ago
Kotak BizLabs launches Season 2 to support over 75 startups
Medial

Kotak BizLabs launches Season 2 to support over 75 startups Kotak Mahindra Bank has announced the launch of Season 2 of the Kotak BizLabs Accelerator Programme, expanding its flagship CSR initiative aimed at supporting early-revenue-stage startups through deep mentorship, market access, and catalytic funding. Running from October 2025 to November 2026, the new season will support over 75 startups across India, with a continued focus on deeptech, sustainability, clean energy, fintech, digital technology, edtech, agritech, and healthtech. Expanding its national footprint across North, South, West, and Central India, Kotak BizLabs has also onboarded IIT Delhi’s Foundation for Innovation & Technology Transfer (FITT) as a new incubation partner, joining IIMA Ventures, NSRCEL – IIM Bangalore, and T-Hub. Startup selection and acceleration support will be managed by these incubators. In its debut year, Kotak BizLabs received over 1,500 applications from across the country, engaged more than 500 founders through outreach and knowledge sessions, and accelerated 55 startups with structured mentorship and incubation. Of these, 32 ventures received funding support, fuelling their next stage of growth. For Season 2, the programme aims to engage over 800 startups through outreach and knowledge sessions, accelerate more than 75 startups, and extend funding support to over 60 ventures. Season 1 of Kotak BizLabs recognised 32 high-potential startups for breakthrough solutions across agritech, climate tech, fintech, edtech, healthcare, indigenous art & craft, deeptech, cleantech, and sustainability.

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