With Suzuki as anchor investor, Next Bharat Ventures establishes impact fund worth Rs 2,000 Cr
With a corpus of Rs 2,000 crore, Next Bharat Ventures (NBV) has opened its second venture fund.
Suzuki Motor Corporation will serve as the fund’s anchor, and it will support startups in fields like agriculture, rural supply chains, financial inclusion, healthcare, rural transportation, and AI for social good.
The new fund comes after NBV’s initial Rs 340 crore fund, in which the company provided finance, mentorship, and ecosystem efforts to over 50 impact-focused companies and invested in over 20 startups.
Next Bharat Ventures was established in 2024 with the goal of assisting entrepreneurs in creating companies that tackle issues in underprivileged areas and rural India. According to the company, the second fund will assist in increasing assistance for businesses aiming to enhance livelihoods, service accessibility, and economic prospects nationwide.
Vipul Jindal Nath, the company’s founder and CEO, claims that over 90% of its portfolio companies are making progress toward profitability in their early stages. He went on to say that the fund’s goal is to support entrepreneurs that create both social impact and business value.
In addition to funding, NBV’s residency program and founder community activities offer founders networking opportunities, market access, and coaching.
Startups including MeMeraki, E-Bik, SGB Agro, and Atypical Advantage are part of the company’s portfolio. NBV intends to boost investments in businesses creating solutions for India’s informal and rural economies via the new fund.
