ValleyNXT Ventures Launches Bharat Breakthrough Fund-I to Support Early-Stage Startups
ValleyNXT Ventures has launched its first fund, Bharat Breakthrough Fund-I, targeting Rs 400 crore ($44.1 million) to support early-stage startups. The fund aims to invest in seed to pre-Series A companies, particularly in deep-tech sectors such as AI, robotics, and biotech, through a VC-plus-accelerator model. ValleyNXT has evaluated over 5,000 deals and previously invested in at least 10 startups via its angel network.
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ValleyNXT Ventures has introduced its inaugural fund, Bharat Breakthrough Fund-I, with a target of Rs 400 crore ($44.1 million) and a base target of Rs 200 crore. The fund aims to invest in seed to pre-Series A startups, particularly those facing challenges beyond funding, such as execution clarity and advice fragmentation.
The focus will be on deep-tech sectors, including AI, robotics, and biotechnology, using a VC-plus-accelerator model supported by the MIB Framework. ValleyNXT has assessed over 5,000 deals and previously invested in at least 10 early-stage startups.
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