New fund · Financial Services

Next Bharat Ventures invests in five impact startups

By Startup Enthusiast · 31 August 2026

What they do

Next Bharat Ventures is an impact-focused investment firm supporting entrepreneurs working across rural and informal sectors in India

The firm deployed ₹20.76 crore from its second fund into five startups including Blackfrog Technologies, eBik, and CIBOS

The fund is backed by Japanese limited partners and anchor investor Suzuki to foster grassroots innovation and sustainable development

Next Bharat Ventures invested ₹20.76 crore across five different startups from its second fund.
The firm allocated ₹9 crore to Blackfrog Technologies for its portable vaccine cooling devices.
Electric mobility startup eBik received ₹7.5 crore to support gig workers and delivery personnel.
Solar-powered cooking solution provider CIBOS secured ₹2 crore in funding.
Agricultural supply chain firm Velaan Mart received ₹1.26 crore to connect farmers with buyers.
Farm equipment manufacturer SGB Agro received ₹1 crore to develop low-vibration machinery.

The second fund was rolled out about two months before 31 Aug 2026.
The fund focuses on impact-driven businesses that serve rural and informal markets in India.
Capital commitments for the fund were provided by four Japanese entities and anchor investor Suzuki.

Next Bharat Ventures operates as an impact venture fund targeting rural and informal Indian markets.
The firm manages a residency program designed to support and mentor impact entrepreneurs.
Its portfolio includes diverse ventures in waste management, organic farming, and dairy production.
The firm supports artisan communities through investments in footwear, apparel, and lifestyle products.
It provides resources for HR platforms focused on individuals with disabilities.