Next Bharat Ventures announced INR 2,000 Crore Impact Venture Fund

Mumbai, July 7:

Next Bharat Ventures IFSC Private limited today  the launch of its second fund of INR 2000 crore, making it among the largest impact-focused venture fund in India. This second corpus will enable Next Bharat to significantly expand its support towards “Impact Entrepreneurs” building to improve quality of life and sustainable livelihoods across rural India and migrated and urban marginalised communities.

Next Bharat Ventures is a 2-year-old entity that is focussed on sectors like agriculture, rural supply chains, financial inclusion, healthcare, rural mobility, and AI for social good. The initiative aligns closely with India's national priorities under Atmanirbhar Bharat and Viksit Bharat 2047, supporting locally built enterprises that create employment, improve farmer incomes, strengthen rural value chains, and promote women-led entrepreneurship.

This launch builds on the success of Next Bharat’s first INR 340 crore fund, which demonstrated the viability of a long-term, patient-capital approach to nurturing rural entrepreneurs solving real problems for billions of Indians in rural and informal economies. To date, Next Bharat has supported more than 50 impact startups, investing in over 20 of them through capital, mentorship, and ecosystem support.

Several of these startups have also begun business pilots with companies in Japan. Speaking on the fund announcement, Vipul Jindal Nath, Founder and CEO, Next Bharat Ventures, an IIT Hyderabad Alum, said, "Our first fund is proof that impact and business can co-exist, and that strong businesses can be built and scaled around livelihoods and improved quality of life. Our impact founders are innovators working on grassroot level transformation while ensuring business output, with over 90% of our portfolio companies already heading towards profitability in their early years.

Established in 2024, Next Bharat Ventures goes beyond capital to offering an end-to-end support ecosystem to founders. Its flagship ten-day residency programme supports early-stage entrepreneurs with mentorship, networks, and equity investments ranging from INR 1–5 crore to help them scale into sustainable enterprises. The INR 2000 crore second fund substantially expands Next Bharat’s investment capacity.