BYT Capital has announced the launch of a ₹180 crore deep-tech fund dedicated to supporting early-stage deep-tech startups across India. Structured as a Category II Alternative Investment Fund (AIF), the fund is designed to invest in research-driven companies developing engineering-led products with clear commercial pathways.
The firm has already secured more than half of the total corpus and expects to complete the final close by the third quarter of 2026.
The fund aims to invest in 18–20 deep-tech startups, with initial cheque sizes ranging between ₹3 crore and ₹6 crore. Around 55% of the corpus has been reserved for follow-on rounds to support companies that show technical and market progress.
BYT Capital, founded by Amit Chand and Dinesh Kumar, intends to build a portfolio grounded in strong scientific development and practical deployment.
Key Highlights
- BYT Capital launches ₹180 crore deep-tech fund to back early-stage Indian startups
- New Category II AIF targets 18–20 research-driven companies in space, defence, AI, and clean energy
The investment scope includes companies working in space technology, aerospace, defence technology, clean energy, advanced materials, AI for scientific workflows, drug discovery, synthetic biology, life sciences, quantum computing, and photonics. The fund plans to focus on startups that have moved beyond feasibility stages and are progressing toward engineering validation and product readiness.
BYT Capital has begun evaluating candidates for its initial investments, with the first cheques expected to be deployed by December 2025. The fund’s limited partners include UHNWIs, HNIs, and family offices that are showing increased interest in supporting long-cycle technology development.
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The launch reflects rising momentum in India’s deep-tech investment ecosystem, where more companies are emerging from R&D-driven environments and seeking structured early financing. BYT Capital aims to strengthen this segment by offering targeted capital and operational support for engineering-focused founders.