Bharat Innovation Fund is a Series A/Pre-Series A Venture Fund creating the next phase of startup evolution in India focused on more Deep-Tech B2B, IP and innovation based startups beyond the current wave of consumer focused e-commerce, hyper-delivery and marketplace models. The Fund is built on the foundation of India's largest and one of the most successful Incubator/acceleration programs CIIE.co for 12+ years and successfully running two Seed Funds focused on B2B and IP focused sectors with demonstrable exits.
Since First close in July 2018, Bharat Innovation Fund has made 7 investments in the Deeptech/Coretech startups in India across CyberSecurity, Biotech, AI/ML, AR/VR etc. co-investing and leading investments along with Falcon Edge, Accel, Matrix India, IDG Ventures and Inventus.
The Fund is focused on the 3rd Wave of Startup Evolution in India focused on more Deeptech IP enabled startups, founded in India and scaling globally with customers in developed economies, as explained in Knowledge@Wharton published article: https://whr.tn/2LRnMND