New fund · Professional & Local Services

3one4 Capital and BII launch IIDEA Fund

By Startup Enthusiast · 30 June 2026

What they do

3one4 Capital is a venture capital firm that backs early-stage startups

It has floated a $15 Mn fund called IIDEA Fund with BII as the sole limited partner

The fund will invest in 10-15 startups focusing on energy transition, agriculture, health, deeptech and manufacturing

3one4 Capital and BII have floated the IIDEA Fund of $15 Mn (₹141 Cr).
BII is the sole limited partner (LP) in the fund, meaning it provides all the capital.
The fund will back 10-15 startups with an initial ticket size of $500,000 each.
The remaining corpus is reserved for follow-on rounds in portfolio companies.
3one4 Capital has already deployed capital from the fund and closed nearly five investments.
The firm is also gearing up to launch its fifth fund, likely targeting $225 Mn.
The fifth fund will back early-stage startups across AI, SaaS, enterprise and manufacturing automation, fintech, deeptech and consumer internet.

The IIDEA Fund targets energy transition, agriculture, health, deeptech and manufacturing.
It also focuses on women-led ventures, non-metro founders and businesses addressing developmental gaps.
3one4 Capital has backed 100+ startups and recorded 26 profitable exits across its first two funds.
It partially exited Kuku FM with an IRR of ~90% and MOIC of 38.4X (multiple on invested capital).

3one4 Capital is a venture capital firm that invests in early-stage startups.
Its portfolio includes AGNIT Semiconductor, smallest.ai, Lumio, Licious, Jupiter, Darwinbox, Raise Financial Services and Eka.Care.
The firm has backed over 100 startups and achieved 26 profitable exits from its first two funds.
It manages multiple funds and is preparing to launch a fifth fund of about $225 Mn.

3one4 Capital is gearing up to launch its fifth fund, likely targeting $225 Mn.
The fifth fund will back early-stage startups across AI, SaaS, enterprise and manufacturing automation, fintech, deeptech and consumer internet.
The IIDEA Fund will continue deploying capital, with remaining corpus reserved for follow-on rounds.

BII (sole LP) — BII is the sole limited partner in the IIDEA Fund, providing all the capital.