BYT Capital, an India-focused deep-tech venture capital firm, has launched its maiden ₹180 crore fund to back founders building at the frontier of scientific and engineering innovation.
The Category II AIF will invest in startups translating lab-stage discoveries into scalable products with global market pull.
With strong early investor participation and more than half the corpus already subscribed, the fund is expected to reach its final close by Q3 2026.
BYT Capital will partner early with scientific founders building in areas such as space, life sciences, energy, frontier AI, and next-generation engineering systems, technologies that require patient capital, technical diligence, and hands-on incubation.
The fund is backed by a network of India-aligned HNIs and family offices who see deep-tech as a long-horizon, high-impact asset class.
The fund will deploy capital across 18–20 deep-tech startups, with ₹3–6 crore initial cheques and 55% of the corpus reserved for follow-on rounds.
In its first year, the fund has already committed investments across sectors, including space technology, life sciences, robotics, and clean energy, each representing high-value IP emerging from Indian engineering and research ecosystems.
Founded by Amit Chand and Dinesh Kumar, over the long term, BYT Capital aims to build an institutional platform for Indian deep-tech, supporting founders from early scientific innovation to global commercialisation.
Amit Chand, Founder of BYT Capital, said, “India is entering a phase where scientific entrepreneurship can deliver venture-scale outcomes. DeepTech is the new infrastructure layer—an unseen but essential foundation for the next era of industrial and economic growth. It enables strategic independence, propels high-value manufacturing, and strengthens India’s position in global frontier innovation. Advances in materials, quantum, defense, clean energy, and AI-for-science are transformative, creating new capabilities, reconfiguring supply chains, and opening markets that didn’t exist before.”
