BYT Capital Launches Rs 180 Crore Fund for Deep-Tech Startups

BYT Capital has introduced a Rs 180 crore early-stage fund dedicated to supporting deep-tech and frontier engineering startups. This Category II AIF intends to invest in firms developing intellectual property-driven products that emerge from both research laboratories and engineering ecosystems. Currently, more than half of this fund has already been subscribed, and the firm anticipates a final closure by Q3 2026.

Established by Amit Chand and Dinesh Kumar, BYT Capital aims to invest in 18 to 20 startups, providing initial funding ranging from Rs 3 to 6 crore. About 55% of the available fund has been allocated for follow-on rounds of investment. The firm has made early commitments in sectors including space, life sciences, robotics, and clean energy.

Focusing on Global Market Readiness

The primary emphasis is on companies that are transforming lab-stage projects into commercially viable products that possess global market demand. Amit Chand, one of the founders, remarked that India is entering a significant era where scientific entrepreneurship has the potential to establish companies with worldwide relevance.

Shaping Future Industrial Capacity

According to Chand, deep-tech innovations will be pivotal in enhancing future industrial capabilities and bolstering strategic competencies across various sectors, including materials, quantum technology, defence, and energy. BYT Capital is committed to assisting founders throughout their journey from initial experimentation to global commercialisation, establishing a long-lasting platform focused on frontier technology originating from India.