BYT Capital has announced the launch of its ₹180 crore deep-tech venture fund, designed to support high potential scientific and engineering led startups in India. The fund aims to accelerate frontier innovation across sectors such as space technology, life sciences, clean energy and robotics areas increasingly critical to India’s long-term technological competitiveness.
The fund is helmed by Amit Chand and Hunny Kumar. Chand brings over 20 years of experience across corporate strategy, entrepreneurship and early-stage investments, while Kumar draws on a decade of venture investing expertise from his role as co-founder of FAAD Capital. With strong early commitments and over half the corpus already subscribed, the fund is expected to reach its final close by Q3 2026.
According to Chand, India is entering a decisive phase where scientific entrepreneurship can unlock large-scale economic value. He said that deep-tech now functions as an “invisible infrastructure layer” powering strategic independence, advanced manufacturing and global competitiveness. This thesis aligns with India’s rapidly expanding R&D-led startup ecosystem.
The launch comes amid rising momentum in India’s deep-tech sector. In 2025, deep-tech startups collectively attracted over $600 million in funding, driven by breakthroughs in AI, space, clean energy and biotech. BYT Capital aims to fill a critical gap by offering patient capital and hands-on support for founders building complex, IP-heavy technologies.
The fund plans to invest in 18–20 startups, with initial cheques ranging from ₹3–6 crore, while reserving 55% of its corpus for follow-on rounds. Backed by India-aligned family offices and high-net-worth individuals, the fund will focus on ventures converting lab-stage discoveries into global products.
In its first year, BYT Capital has already begun deploying capital across space, life sciences, robotics and energy, signalling strong confidence in India’s emerging frontier-tech ecosystem.
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