Archive · 24 Dec 2025
BYT Capital Launches ₹180-Core Deep-Tech Fund
BYT Capital, a company started by Amit Chand, has created a big fund of ₹180 crore to help new startups in India that work on really smart and advanced technologies, especially in hardware.
They plan to invest in 18 to 20 startups over the next four years, giving them money to grow from the very beginning stages.
Most of the money, about 80-85%, will go to hardware startups because BYT Capital believes this is very important for India's growth.
They are also interested in other areas like space technology, robotics, life sciences, and clean energy.
BYT Capital wants to keep supporting the best startups with more money later on, so they can grow bigger and be successful.
They think that investing in these advanced technologies is not just a need but a priority for investors now.
Meanwhile, spacetech startups are also looking to scale up in 2026, focusing on revenue maturity, long-term contracts, and market expansion.
The government has been supportive with initiatives like IN-SPACe’s Rs 500-crore Technology Adoption Fund, and there is a growing global demand for earth observation and space-enabled intelligence.
Funding for spacetech startups has been increasing, with $152 million raised in 2025, more than doubling from $68.9 million in 2024.
BYT Capital has launched a ₹180-crore deep-tech fund focused on hardware and foundational technologies.
The fund aims to invest in 18 to 20 startups over the next four years, with cheque sizes ranging from ₹3–6 crore for pre-seed to Series A stages, and up to ₹15 crore for follow-on investments.
Hardware will account for 80–85% of the portfolio, reflecting the firm’s belief in scaling India’s manufacturing base.
The fund has already secured over half of its capital from ultra-high-net-worth individuals and select family offices.
BYT Capital plans to make 4–5 investments annually and target fund closure by Q3 2026.
- Who
- BYT Capital, founded by Amit Chand
- What
- Launched a ₹180-crore deep-tech fund targeting hardware and foundational technologies
- When
- Plans to deploy capital over the next four years, with fund closure by Q3 2026
- Where
- India
- Why
- To support lab-to-market startups and scale India's manufacturing base
BYT Capital
Spacetech Startups
Investment Focus
BYT Capital
Focuses on hardware and foundational technologies, with 80-85% of the portfolio allocated to hardware.
Spacetech Startups
Focuses on scaling up spacetech startups, with a shift towards revenue maturity, long-term contracts, and market expansion.
Funding Strategy
BYT Capital
Plans to invest in 18 to 20 startups over the next four years, with cheque sizes ranging from ₹3–6 crore for pre-seed to Series A stages, and up to ₹15 crore for follow-on investments.
Spacetech Startups
Expects to see a transition to scale in 2026, with a focus on revenue maturity, long-term contracts, and market expansion.
Government Support
BYT Capital
No specific mention of government support in the articles.
Spacetech Startups
Highlights government initiatives such as IN-SPACe’s Rs 500-crore Technology Adoption Fund and Earth Observation public-private partnership framework.
- Fund Size
- ₹180 crore
- Investment Focus
- Hardware and foundational technologies
- Number of Startups
- 18 to 20
- Investment Range
- ₹3–6 crore (pre-seed to Series A), up to ₹15 crore (follow-on)
- Follow-On Allocation
- 55% of the fund
- Target Completion
- Q3 2026
- Annual Investments
- 4–5 startups
- Deep-Tech Funding in India
- Exceeded $600 million in 2025
- Spacetech Funding in 2025
- $152 million
- Spacetech Funding in 2024
- $68.9 million
Sources
BYT Capital’s deep-tech fund to target hardware and foundational technologies across sectors: Founder Amit Chand
From hype to hard proof: India’s deep tech bets turn commercial in 2025, say experts
Spacetech eyes scale-up in 2026 after proof-driven 2025