Roundup · AI & Deep Tech

ValleyNXT launches Bharat Breakthrough Fund I

By Startup Enthusiast · 16 February 2026

What they do

ValleyNXT Ventures launched the Bharat Breakthrough Fund-I in New Delhi on February 16, 2026

The SEBI Category I VC fund has a total potential corpus of Rs 400 crore including greenshoe

It targets seed to pre-Series A deep-tech startups using a mentorship and investment framework

ValleyNXT Ventures launched the Bharat Breakthrough Fund–I on 16 Feb 2026 in New Delhi.
The fund is a SEBI Category I VC fund with a base corpus of Rs 200 crore.
A greenshoe option adds another Rs 200 crore, making the total potential corpus Rs 400 crore.
This equals approximately $44.1 million based on the provided conversion rate.
The fund operates as both a VC and an accelerator for early-stage companies.
It uses the MIB Framework which stands for Mentorship, Investment, Business Connects.
Target investments are in seed to pre-Series A startups between validation and scale.
Sector focus includes deep-tech areas like space, defence, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation.

ValleyNXT has a track record of evaluating over 5,000 deals.
They have invested in 10+ ventures via their angel network and accelerator.
Founders include experts in deep-tech acceleration and healthtech entrepreneurship.

ValleyNXT Ventures functions as a venture capital firm and startup accelerator.
It supports startups from the validation stage through to scale-up.
The MIB Framework provides mentorship, direct investment, and business connects.
Focus sectors are deep-tech and tech-first industries.
Key target areas include space, defence tech, robotics, AI/ML, and cybersecurity.
Other focus areas are biotech, sustainability, and consumer innovation.
The firm leverages its experience evaluating 5,000+ deals.
It has previously invested in 10+ ventures through its networks.