Bharat Breakthrough Fund–I: A New Venture Capital Initiative by ValleyNXT Ventures

Bharat Breakthrough Fund–I is introduced by ValleyNXT Ventures as a SEBI-registered Category I venture capital fund, dedicated to nurturing seed to pre-Series A startups. In the critical development phase where startups transition from validation to scaling, many encounter challenges stemming from fragmented guidance, undue scaling pressures, and unclear execution plans. The Bharat Breakthrough Fund is established to fill this void by leveraging a distinctive VC-plus-accelerator model, supported by ValleyNXT’s effective MIB framework—Mentorship, Investment, and Business Connects.

Fund Structure and Investment Focus

Bharat Breakthrough Fund–I aims to establish a base corpus of Rs 200 crore, complemented by a greenshoe option that could raise this to an overall fund size of Rs 400 crore, focusing specifically on investments in deep-tech and technology-centric startups. This fund is poised to foster innovation across various sectors, such as space, defence technology, robotics, AI/ML, cybersecurity, biotechnology, sustainability, and consumer-focused innovations.

Proven Track Record

ValleyNXT Ventures has previously facilitated the growth of numerous early-stage startups through its extensive angel network and accelerator-driven investment strategy. The firm has successfully assessed over 5,000 deals and financed more than 10 noteworthy ventures, consistently furnishing startups with essential capital, mentoring, and vital business connections to catalyse their growth.

Leadership Team

The fund is helmed by a skilled leadership team, which includes Nikhil Agarwal, Madhu Vasepalli, Anand Saklecha, and Suresh Goyal. This team brings together extensive knowledge in venture investing, acceleration, governance, and the arena of deep-tech innovation.