8 months ago
Two New Deep-Tech Funds Launched in India
Two new funds have been launched in India to support startups working on really smart and new technologies.
The first fund, called the IAN Alpha Fund, has raised $100 million and will invest in startups working on things like AI, space tech, and biotech.
The second fund, called the BYT Capital Fund, has raised INR 180 Cr and will invest in startups working on space tech, life sciences, robotics, and clean energy.
Both funds will provide not just money, but also advice and support to help these startups grow.
Big investors, including some from the government, have put money into these funds.
The goal is to help India become a leader in new and innovative technologies.
IAN Group closes $100 million IAN Alpha Fund for deep-tech startups.
BYT Capital launches INR 180 Cr maiden deeptech fund.
Funds focus on early-stage companies and MSMEs with technology-led solutions.
Investments span AI, space tech, semiconductors, biotech, life sciences, robotics, and clean energy sectors.
Marquee backers include government-linked investors, institutional investors, and India-aligned HNIs and family offices.
- Who
- IAN Group, BYT Capital, early-stage investment platforms
- What
- Closed $100 million IAN Alpha Fund and launched INR 180 Cr maiden deeptech fund for deep-tech startups
- Where
- India
- When
- December 10, 2025, 2025
- Why
- To back early-stage companies and MSMEs building technology-led solutions
Key facts
- Fund Name
- IAN Alpha Fund, BYT Capital Fund
- Fund Size
- $100 million, INR 180 Cr
- Focus Areas
- Deep-tech, innovation-led startups
- Investment Thesis
- Combines long-gestation and shorter-cycle businesses
- Number of Investments
- 10-12 startups, 18-20 startups
- Key Sectors
- AI, space tech, semiconductors, biotech, space tech, life sciences, robotics, clean energy
- Marquee Backers
- DPIIT, SIDBI, HDFC Life, DS Group, Nabard, India-aligned HNIs, family offices
- Founder Support
- Strategic guidance, governance, market access
Quotes
IAN Group
A venture capital platform
“IAN Group has announced the final close of its second VC Fund -- IAN Alpha Fund with USD 100 million. The Fund will invest in early-stage companies, MSMEs with strong founders, solving real problems, leveraging technology and innovation, including those aligned to India's national strategic imperatives.”
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Saurabh Srivastava
Co-Founder of IAN Group
“While the founder is at the centre of IAN Alpha Fund's thesis, it is critical that technology is leveraged to scale the solution for a large market, both in India and then globally. This fund aims to breed companies that bring a paradigm shift to industry and become global leaders.”
freepressjournal.in
Padmaja Ruparel
Co-Founder of IAN Group
“The IAN Alpha Fund's thesis is to invest and breed innovation solving real problems or building for India's strategic imperatives.”
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