Bharat Innovation Fund, established in 2018 and based in Ahmedabad, India, is a venture capital firm dedicated to supporting transformative entrepreneurs and innovative startups. The firm focuses on investing in sectors such as healthcare, agriculture, energy, fintech, and digital technologies, aiming to foster the development of globally competitive solutions. By providing early-stage capital, access to extensive networks, and strategic insights, Bharat Innovation Fund aims to de-risk the journey of turning innovative ideas into impactful companies. Its commitment lies in nurturing ventures that not only address significant challenges within India but also have the potential to become global leaders in their respective fields.
Co-Founder, Partner and Investment Committee Member
Rohan Choukkar
Vice President
Prashant Kataria
DeepTech Investor
Shyam Menon
Partner and Co-Founder
Ashwin Raguraman
Founding Partner
Sanea Vakaliya
CFO
30 past transactions
Clodura.AI
Seed Round in 2024
Clodura.AI is an AI-powered lead generation platform focused on providing sales teams with highly targeted, sales-qualified leads. The platform offers access to a comprehensive database of over 600 million contacts and 46 million companies, including more than 120 million direct dial numbers, facilitating quicker outreach to potential clients. Clodura.AI's features, such as actionable sales intelligence triggers and automated sales cadences, enhance the ability to book qualified meetings and drive revenue growth. The Org Chart feature enables users to identify and engage key decision-makers within organizations, leading to more effective sales and marketing campaigns. Additionally, Clodura.AI integrates with CRM systems, allowing users to track leads and manage follow-ups efficiently. With a 95% accuracy rate on emails and direct dials, the platform's frequently updated database ensures users can connect with the right contacts swiftly. Clodura.AI also provides technographic insights, helping businesses understand their customers' technology landscape to tailor their offerings accordingly.
Portl
Seed Round in 2024
Portl is a digital platform that integrates advanced sensors and proprietary fitness technologies with artificial intelligence to offer holistic health solutions for consumers and athletes. The company has developed a personalized fitness and wellness smart mirror that combines fitness, technology, and media in a single device. This innovative mirror provides users with tailored healthcare services, real-time fitness tracking, and wellness support, including form feedback and telemedicine capabilities. Additionally, it features embedded health monitoring tools that allow customers to effectively analyze their health and maintain their fitness goals.
ClaimBuddy
Series A in 2024
ClaimBuddy is the operator of a medical support firm that aims to provide a one-stop shop for claim help for patients and hospitals. The company provides individualized claim help through its in-house advisors, who examine customers' medical insurance and handle their questions, allowing clients to ensure hassle-free insurance claims by employing technology.
Play Shifu
Venture Round in 2024
Play Shifu is dedicated to enhancing children's learning experiences through innovative educational tools that combine board games and mobile devices using Augmented Reality (AR) and Virtual Reality (VR). The company aims to provide engaging and interactive learning opportunities that foster essential skills such as critical thinking, logical reasoning, spatial awareness, cognitive intelligence, and creativity during formative years. By integrating technology into playtime, Play Shifu enables children to explore diverse cultures, cuisines, monuments, and inventions from around the world, ensuring that their screen time is both enjoyable and educational.
Algorithmic Biologics
Seed Round in 2024
Algorithmic Biologics is a company based in Bangalore, India, focused on enhancing molecular testing processes through advanced software and technology. Its primary offering, known as "Tapestry," employs algorithms to analyze multiple samples simultaneously, improving the efficiency of genetic testing. The platform leverages artificial intelligence and techniques such as sample pooling and data compression to reduce the number of required tests while ensuring high sensitivity and specificity in detecting genetic variants and molecular biomarkers. This innovation enables researchers and scientists to optimize laboratory workflows, streamline operations, and decrease turnaround times, ultimately improving the precision and reliability of genetic diagnostics.
Terra
Seed Round in 2024
Terra is focused on creating an engaging learn-and-play platform for children aged 6 to 12. The company develops entertaining games and digital products designed to foster creativity and cognitive growth, utilizing artificial intelligence to enhance the user experience. By targeting Generation Alpha, Terra aims to combine fun and education, appealing to those interested in digital innovation and gaming.
Data Sutram
Series A in 2023
Data Sutram is a developer of a Business-to-Business Software-as-a-Service platform that assists organizations in achieving growth through personalized, data-driven insights. The platform provides tools for merchant acquisition, risk management, and live market analysis, leveraging proprietary technology powered by artificial intelligence and machine learning. By offering these innovative solutions, Data Sutram enables businesses to enhance their planning and operational execution, leading to improved efficiency and the potential for hypergrowth. Through its interactive features, the platform supports marketing, sales, and risk professionals in making informed decisions to drive their organizations forward.
Entropik
Series B in 2023
Entropik is a human insights company that specializes in measuring, analyzing, and optimizing customer experience (CX), user experience (UX), and market research (MR) in real time. The company has developed an online emotion intelligence platform that leverages artificial intelligence and machine learning to assess the cognitive and emotional responses of consumers. By tracking user activation and valence levels through touch gestures, Entropik's patented Emotion AI technologies enhance quantitative, qualitative, and UX research methods. This integration allows companies to make faster, more efficient, and unbiased decisions, ultimately optimizing customer experience journeys and addressing real business challenges.
FireCompass
Series A in 2023
FireCompass is an innovative software-as-a-service (SaaS) platform focused on Continuous Automated Red Teaming and Attack Surface Management. It continuously indexes and monitors the deep, dark, and surface web to create a comprehensive map of an organization's digital attack surface, including identifying Shadow IT vulnerabilities. The platform performs safe, multi-stage simulated attacks to reveal potential attack paths before malicious actors can exploit them. By integrating various security functionalities, FireCompass reduces the need for multiple security tools and minimizes manual effort. The platform is utilized by leading companies across various sectors, including telecommunications, information technology, and financial services, enhancing their ability to protect against cybersecurity threats such as phishing and misconfigured systems.
FireCompass
Venture Round in 2023
FireCompass is an innovative software-as-a-service (SaaS) platform focused on Continuous Automated Red Teaming and Attack Surface Management. It continuously indexes and monitors the deep, dark, and surface web to create a comprehensive map of an organization's digital attack surface, including identifying Shadow IT vulnerabilities. The platform performs safe, multi-stage simulated attacks to reveal potential attack paths before malicious actors can exploit them. By integrating various security functionalities, FireCompass reduces the need for multiple security tools and minimizes manual effort. The platform is utilized by leading companies across various sectors, including telecommunications, information technology, and financial services, enhancing their ability to protect against cybersecurity threats such as phishing and misconfigured systems.
Human Edge
Seed Round in 2022
Human Edge is a longevity science company focused on enhancing the healthspan and performance of the global workforce. The company has developed an enterprise healthcare platform that aims to democratize access to health optimization. This platform incorporates a proprietary biohack created by experts, utilizing data from wearables and biomarkers from users' blood panels. By analyzing these data streams, Human Edge enables clients to gain insights into their unique biological states, facilitating precise and personalized interventions designed to improve focus and concentration. This approach supports the overarching goal of promoting better health and productivity among employees.
Detect Technologies
Series B in 2022
Detect Technologies is an enterprise focused on enhancing industrial productivity through innovative AI and SaaS solutions. Founded in 2016 by Daniel Raj David in Chennai, Tamil Nadu, the company leverages proprietary technologies and deep industry knowledge to improve operational efficiency. Its offerings include real-time intelligent monitoring and predictive maintenance, which help reduce equipment failures and extend asset lifespan. Additionally, Detect Technologies provides end-to-end project management tools that streamline shutdowns, turnarounds, and daily operations, enabling process industries to optimize their workflows and comply with international safety standards. Through these advancements, Detect aims to simplify decision-making and drive innovation across various industrial functions.
Nayam Innovations
Venture Round in 2022
Nayam Innovations is focused on revolutionizing cataract treatment through its patented intraocular lens technology. The company aims to provide this treatment at a significantly reduced cost, approximately one-tenth of current prices, while achieving superior outcomes. Its innovative technology allows for the personalization of intraocular lenses, enabling patients to achieve spectacle-free vision comparable to LASIK across all distances. This approach not only enhances vision quality but also eliminates the need for post-surgical interventions, such as wavefront-corrected LASIK or progressive spectacles. By addressing both the cost and effectiveness of cataract treatment, Nayam Innovations is positioned to improve patient experiences and outcomes in vision care.
A5G Networks
Seed Round in 2022
A5G Networks Inc. is an innovator in autonomous mobile network infrastructure, headquartered in Nashua, New Hampshire, with additional offices in Pune, India. The company specializes in providing secure and scalable software solutions for 4G, 5G, and Wi-Fi networks, aiming to facilitate a seamless service experience in diverse environments. By leveraging intelligent digital technologies, A5G Networks transforms traditional industrial practices, enhancing connectivity for clients with improved reliability, low latency, and increased bandwidth.
Kaleidofin
Series B in 2022
Kaleidofin is a fintech platform focused on providing comprehensive financial solutions to under-banked individuals and households. Founded in 2017 and headquartered in Chennai, Tamil Nadu, the platform aims to help customers achieve their financial goals by offering tailored services that address the specific challenges faced by this demographic, such as volatile income and limited financial literacy. By creating individual profiles based on various data sources, Kaleidofin customizes its offerings to meet the unique needs of each customer. The platform also emphasizes goal-based financial planning, enabling users to save and invest effectively despite financial uncertainties. Through the use of analytics and user-centered design, Kaleidofin strives to improve financial outcomes for its clients.
Zumutor Biologics
Series A in 2021
Zumutor Biologics Inc. is an immuno-oncology company that specializes in developing human antibody libraries to create novel immunotherapies and enhance monoclonal antibodies. The company is focused on targeted cell therapeutics and has established proprietary antibody engineering platforms aimed at modulating innate immunity and the tumor microenvironment. Zumutor is developing biologic products for the treatment of breast cancer, as well as other conditions such as prostate cancer and lymphoma. Founded in 2013, Zumutor Biologics is headquartered in Cambridge, Massachusetts, with a research and development center located in Bengaluru, India.
Bandhoo
Seed Round in 2021
Bandhoo is a digital platform designed to enhance income opportunities for construction workers and contractors. It leverages technology to facilitate various aspects of the construction sector, including the issuance of tenders for subcontracting, which helps secure competitive price quotes. The platform also streamlines the procurement of repair and maintenance services and offers an integrated system for managing contractors, subcontractors, and building material suppliers. By providing these services, Bandhoo assists construction contractors in finding new job opportunities, sourcing materials, and connecting with workers for their projects.
Detect Technologies
Series B in 2021
Detect Technologies is an enterprise focused on enhancing industrial productivity through innovative AI and SaaS solutions. Founded in 2016 by Daniel Raj David in Chennai, Tamil Nadu, the company leverages proprietary technologies and deep industry knowledge to improve operational efficiency. Its offerings include real-time intelligent monitoring and predictive maintenance, which help reduce equipment failures and extend asset lifespan. Additionally, Detect Technologies provides end-to-end project management tools that streamline shutdowns, turnarounds, and daily operations, enabling process industries to optimize their workflows and comply with international safety standards. Through these advancements, Detect aims to simplify decision-making and drive innovation across various industrial functions.
Play Shifu
Series B in 2021
Play Shifu is dedicated to enhancing children's learning experiences through innovative educational tools that combine board games and mobile devices using Augmented Reality (AR) and Virtual Reality (VR). The company aims to provide engaging and interactive learning opportunities that foster essential skills such as critical thinking, logical reasoning, spatial awareness, cognitive intelligence, and creativity during formative years. By integrating technology into playtime, Play Shifu enables children to explore diverse cultures, cuisines, monuments, and inventions from around the world, ensuring that their screen time is both enjoyable and educational.
Entropik
Series A in 2020
Entropik is a human insights company that specializes in measuring, analyzing, and optimizing customer experience (CX), user experience (UX), and market research (MR) in real time. The company has developed an online emotion intelligence platform that leverages artificial intelligence and machine learning to assess the cognitive and emotional responses of consumers. By tracking user activation and valence levels through touch gestures, Entropik's patented Emotion AI technologies enhance quantitative, qualitative, and UX research methods. This integration allows companies to make faster, more efficient, and unbiased decisions, ultimately optimizing customer experience journeys and addressing real business challenges.
Play Shifu
Series A in 2020
Play Shifu is dedicated to enhancing children's learning experiences through innovative educational tools that combine board games and mobile devices using Augmented Reality (AR) and Virtual Reality (VR). The company aims to provide engaging and interactive learning opportunities that foster essential skills such as critical thinking, logical reasoning, spatial awareness, cognitive intelligence, and creativity during formative years. By integrating technology into playtime, Play Shifu enables children to explore diverse cultures, cuisines, monuments, and inventions from around the world, ensuring that their screen time is both enjoyable and educational.
FireCompass
Seed Round in 2020
FireCompass is an innovative software-as-a-service (SaaS) platform focused on Continuous Automated Red Teaming and Attack Surface Management. It continuously indexes and monitors the deep, dark, and surface web to create a comprehensive map of an organization's digital attack surface, including identifying Shadow IT vulnerabilities. The platform performs safe, multi-stage simulated attacks to reveal potential attack paths before malicious actors can exploit them. By integrating various security functionalities, FireCompass reduces the need for multiple security tools and minimizes manual effort. The platform is utilized by leading companies across various sectors, including telecommunications, information technology, and financial services, enhancing their ability to protect against cybersecurity threats such as phishing and misconfigured systems.
Zumutor Biologics
Series A in 2019
Zumutor Biologics Inc. is an immuno-oncology company that specializes in developing human antibody libraries to create novel immunotherapies and enhance monoclonal antibodies. The company is focused on targeted cell therapeutics and has established proprietary antibody engineering platforms aimed at modulating innate immunity and the tumor microenvironment. Zumutor is developing biologic products for the treatment of breast cancer, as well as other conditions such as prostate cancer and lymphoma. Founded in 2013, Zumutor Biologics is headquartered in Cambridge, Massachusetts, with a research and development center located in Bengaluru, India.
vPhrase
Series A in 2019
vPhrase is a developer of an augmented analytics platform that transforms data insights into easily understandable narratives. Its flagship product, Phrazor, summarizes complex data into concise bullet points and generates reports with accompanying narratives, making it simpler for enterprises to comprehend key insights needed for decision-making. The platform features intelligent insight generation capabilities, allowing users to explore hidden patterns within their data. It also offers pre-built and customizable reporting templates tailored for various industries and functions. Additionally, vPhrase facilitates real-time collaboration among team members, enabling users to comment, assign tasks, and tag colleagues directly within reports. With the ability to converse with data, users can ask queries and obtain real-time insights effortlessly.
Play Shifu
Series A in 2019
Play Shifu is dedicated to enhancing children's learning experiences through innovative educational tools that combine board games and mobile devices using Augmented Reality (AR) and Virtual Reality (VR). The company aims to provide engaging and interactive learning opportunities that foster essential skills such as critical thinking, logical reasoning, spatial awareness, cognitive intelligence, and creativity during formative years. By integrating technology into playtime, Play Shifu enables children to explore diverse cultures, cuisines, monuments, and inventions from around the world, ensuring that their screen time is both enjoyable and educational.
Riskcovry
Seed Round in 2019
Riskcovry operates an insurtech platform that offers an "Insurance-in-a-box" solution, providing a comprehensive digital insurance service to various businesses. Its platform caters to a wide range of clients, including banks, non-banking financial companies, retail and payment networks, as well as digital, telecom, and FinTech startups. By utilizing API and SaaS technology, Riskcovry enables businesses to distribute insurance products efficiently without the need for extensive resources such as dedicated teams, technology infrastructure, or regulatory licenses. This streamlined approach allows companies to centralize their insurance-related operations, covering product offerings, technology integration, and compliance requirements in a single, cohesive system.
CreditVidya
Series C in 2019
CreditVidya is a technology-driven company focused on improving credit decision-making for lenders in India. By leveraging alternative data and advanced machine learning techniques, CreditVidya aims to provide a more comprehensive assessment of creditworthiness, moving beyond traditional methods that primarily rely on repayment history. This innovative approach is designed to assist lenders in extending credit to approximately 800 million individuals in India who lack formal credit scores. The company’s technology utilizes artificial intelligence to gather and analyze a wide range of data points, thereby enabling lenders to make informed and profitable lending decisions while minimizing credit losses. Through its efforts, CreditVidya seeks to facilitate fair and transparent access to credit for underserved populations in the country.
Detect Technologies
Series A in 2018
Detect Technologies is an enterprise focused on enhancing industrial productivity through innovative AI and SaaS solutions. Founded in 2016 by Daniel Raj David in Chennai, Tamil Nadu, the company leverages proprietary technologies and deep industry knowledge to improve operational efficiency. Its offerings include real-time intelligent monitoring and predictive maintenance, which help reduce equipment failures and extend asset lifespan. Additionally, Detect Technologies provides end-to-end project management tools that streamline shutdowns, turnarounds, and daily operations, enabling process industries to optimize their workflows and comply with international safety standards. Through these advancements, Detect aims to simplify decision-making and drive innovation across various industrial functions.
Entropik
Seed Round in 2018
Entropik is a human insights company that specializes in measuring, analyzing, and optimizing customer experience (CX), user experience (UX), and market research (MR) in real time. The company has developed an online emotion intelligence platform that leverages artificial intelligence and machine learning to assess the cognitive and emotional responses of consumers. By tracking user activation and valence levels through touch gestures, Entropik's patented Emotion AI technologies enhance quantitative, qualitative, and UX research methods. This integration allows companies to make faster, more efficient, and unbiased decisions, ultimately optimizing customer experience journeys and addressing real business challenges.
Setu
Seed Round in 2018
Setu is a financial technology company focused on accelerating economic growth by enhancing access to formal finance. It provides developers with a low-cost, modular API infrastructure that allows clients to quickly create and implement fintech products or services. By bridging the gap between technology and banking systems, Setu aims to make financial services more accessible to a broader audience.
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