Bharat Innovation Fund

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.

Somshubhro Choudhury

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

19 past transactions

Entropik

Series B in 2023
Entropik is a human insights company that enables customers across the globe to measure, analyze, and optimize customer experience (CX), user experience (UX), and market research (MR) in real time.​ Entropik offers a suite of patented Emotion AI technologies integrated into quantitative, qualitative, and UX research methods enabling companies to make faster, more efficient, and bias-free decisions.​

FireCompass

Series A in 2023
FireCompass is a software-as-a-service (SaaS) platform for Continuous Automated Red Teaming (CART) and Attack Surface Management (ASM). It constantly indexes and monitors the deep, dark, and surface webs in order to map an organization's digital attack surface, including Shadow IT blind spots. The platform then launches safe multi-stage attacks, simulating a real attacker, to assist in identifying attack paths before hackers do. While providing continuous and proactive security, the platform eliminates the need for multiple tools and significant manual effort. The product is used by the top three telecom companies, the top three IT companies, major banks/financial services companies, and others from a variety of industries.

Detect Technologies

Series B in 2022
Detect Technologies is a leading Industrial AI & SaaS enterprise that is reimagining global industrial productivity with novel AI architecture and hardware. Detect employs a combination of state-of-the-art proprietary technologies and deep industry expertise to increase productivity through increased schedule certainty, enhanced resource visibility through real-time intelligent monitoring, decreased in-service equipment failure, increased estimated life of an asset through predictive maintenance, and automation of compliance to international safety standards. Detect Technologies was established in 2016 by Daniel Raj David in Chennai, Tamil Nadu.

Nayam Innovations

Venture Round in 2022
The company aims to use its patented technology to provide cataract treatment at one-tenth the present cost, and with better outcomes.

A5G Networks, Inc.

Seed Round in 2022
A5G Networks Inc. is a leader and innovator in autonomous mobile network infrastructure. The company is headquartered in Nashua, NH, USA with offices in Pune MH, India. A5G Networks is pioneering secure and scalable 4G, 5G and Wi-Fi software to enable distributed network of networks.

Kaleidofin

Series B in 2022
Kaleidofin is a fintech platform that provides complete financial solutions for excluded individuals and households. The platform propels under-banked customers towards meeting their real life goals by providing intuitive and tailored financial solutions. Their solutions take into account the financial roadblocks and vulnerability that these segments, such as volatile income streams and limited understanding of the fine print in financial products. Kaleidofin creates individual profiles of households based on several sources and uses that information to tailor its services for each customer. It also provides curated, goal-based financial solutions to people in the underbanked segments. It will leverage the full India stack, existing networks, analytics, structuring, and user-centered design to drive outcomes for customers, in the process Kaleidofin was founded in 2017 and is headquartered in Chennai, Tamil Nadu, India.

Zumutor Biologics

Series A in 2021
Zumutor is a leading Immuno-Oncology company in the space of targeted NK cell therapeutics. They have two proprietary Antibody Engineering Platforms to develop novel immunotherapies that target innate immunity and regulate the tumor microenvironment.

Bandhoo

Seed Round in 2021
Bandhoo's mission is to help increase income opportunities for construction Workers and Contractors.

Detect Technologies

Series B in 2021
Detect Technologies is a leading Industrial AI & SaaS enterprise that is reimagining global industrial productivity with novel AI architecture and hardware. Detect employs a combination of state-of-the-art proprietary technologies and deep industry expertise to increase productivity through increased schedule certainty, enhanced resource visibility through real-time intelligent monitoring, decreased in-service equipment failure, increased estimated life of an asset through predictive maintenance, and automation of compliance to international safety standards. Detect Technologies was established in 2016 by Daniel Raj David in Chennai, Tamil Nadu.

Play Shifu

Series B in 2021
PlayShifu is an EdTech startup that offers teaching and learning tools for children 4 to 12 years of age. Shifu creates an innovative and immersive learning experience during playtime by bringing board games and mobile devices together through Augmented Reality. Because they believe, children deserve good screen time.

Entropik

Series A in 2020
Entropik is a human insights company that enables customers across the globe to measure, analyze, and optimize customer experience (CX), user experience (UX), and market research (MR) in real time.​ Entropik offers a suite of patented Emotion AI technologies integrated into quantitative, qualitative, and UX research methods enabling companies to make faster, more efficient, and bias-free decisions.​

Play Shifu

Series A in 2020
PlayShifu is an EdTech startup that offers teaching and learning tools for children 4 to 12 years of age. Shifu creates an innovative and immersive learning experience during playtime by bringing board games and mobile devices together through Augmented Reality. Because they believe, children deserve good screen time.

Zumutor Biologics

Series A in 2019
Zumutor is a leading Immuno-Oncology company in the space of targeted NK cell therapeutics. They have two proprietary Antibody Engineering Platforms to develop novel immunotherapies that target innate immunity and regulate the tumor microenvironment.

vPhrase

Series A in 2019
Phrazor summarises data into a few bullet points, highlighting key insights required for decision making. It helps enterprises make their reports and insights easier to comprehend by writing a narrative along with each report. With Phrazor, you don't have to spend time analyzing numbers. Phrazor writes language to explain the key insights in words. Key Features: CREATE EASY-TO-UNDERSTAND REPORTS with language-based narratives. EXPLORE HIDDEN INSIGHTS AND PATTERNS with intelligent insight generation capabilities. GET PRE-BUILT TO CUSTOM REPORTING TEMPLATES across different functions & industries all under one roof. COLLABORATE IN REAL-TIME WITH YOUR TEAM comment, assign, & tag them on the report. CONVERSE WITH YOUR DATA asks queries & retrieve real-time insights on the go.

Play Shifu

Series A in 2019
PlayShifu is an EdTech startup that offers teaching and learning tools for children 4 to 12 years of age. Shifu creates an innovative and immersive learning experience during playtime by bringing board games and mobile devices together through Augmented Reality. Because they believe, children deserve good screen time.

Riskcovry

Seed Round in 2019
Riskcovry is an "Insurance-in-a-box” model that offers a one-stop-shop platform to cater to any business's digital insurance needs. The company's diverse clientele encompasses banks, NBFCs, retail, payment networks, digital and telecom sectors, and FinTech and technology startups.

CreditVidya

Series C in 2019
At CreditVidya we believe in the power of alternate data and technology to help lenders make more accurate credit decisions. Our mission is simple: To enable access to fair and transparent credit to 800 million un-scored Indians. We are a bunch of engineers with a sole mission to enable access to fair and transparent credit to 800 million+ un-scored Indians. Traditional methods of credit assesment have failed miserably in India. These outdated methods only look at the repayment history of individuals to give them a credit score. We at CreditVidya are harnessing the power of big data and advance machine learning techniques to re-imagine and re-build credit scoring.

Detect Technologies

Series A in 2018
Detect Technologies is a leading Industrial AI & SaaS enterprise that is reimagining global industrial productivity with novel AI architecture and hardware. Detect employs a combination of state-of-the-art proprietary technologies and deep industry expertise to increase productivity through increased schedule certainty, enhanced resource visibility through real-time intelligent monitoring, decreased in-service equipment failure, increased estimated life of an asset through predictive maintenance, and automation of compliance to international safety standards. Detect Technologies was established in 2016 by Daniel Raj David in Chennai, Tamil Nadu.

Entropik

Seed Round in 2018
Entropik is a human insights company that enables customers across the globe to measure, analyze, and optimize customer experience (CX), user experience (UX), and market research (MR) in real time.​ Entropik offers a suite of patented Emotion AI technologies integrated into quantitative, qualitative, and UX research methods enabling companies to make faster, more efficient, and bias-free decisions.​
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