Bharat Innovation Fund

Early-stage deeptech fund launched in 2018, operating as an autonomous initiative within the CIIE.CO innovation continuum. Invests early and stays engaged through the company's life.

Facts

TypeDirect investorSectorsStageSeed, pre-Series A, Series ACheque size$1M - $3M first cheque, up to about $5M per companyGeographyIndiaHQBengaluruFundFund I reported as INR 500 crore (about $62.5M) by Entrepreneur India (2025); other articles say a $100M fund. Fund II was being planned as a larger corpus (VCCircle, Apr 2024).StatusConfirmed focus, reported chequeLast checked08 Oct 2026

Note: Sector detail not itemised in sources checked, so no sector tags are shown. Fund I size differs between sources (INR 500 crore vs $100M); worth confirming. Its main website did not load; the stage statement comes from bharat.fund.

Cheque basis: Reported (YourStory 2023, Entrepreneur India 2024)

Sources

Bharat Innovation Fund (bharat.fund) (primary source, 08 Oct 2026)
YourStory: BIF looking to double investment (press, 11 Aug 2023)
Entrepreneur India: Fueling Deep Tech Dreams (press, 16 Nov 2025)
Inc42: Decoding BIF's $100 Mn deeptech play (press, 29 Jun 2023)