Next Bharat Ventures (NBV) has launched its second venture fund with a corpus of Rs 2,000 crore. The fund will be anchored by Suzuki Motor Corporation and will focus on backing startups working in sectors such as agriculture, rural supply chains, financial inclusion, healthcare, rural mobility and AI for social good. The new fund follows NBV’s first Rs 340 crore fund, through which the firm invested in more than 20 startups and supported over 50 impact-focused ventures through funding, mentorship and ecosystem initiatives. Founded in 2024, Next Bharat Ventures focuses on entrepreneurs building businesses that address challenges in rural India and underserved communities. The firm said the second fund will help expand support for startups working to improve livelihoods, access to services and economic opportunities across the country. According to founder and CEO Vipul Jindal Nath, more than 90% of the firm’s portfolio companies are moving towards profitability in their early years. He added that the fund aims to back founders creating both business value and social impact. Apart from capital, NBV provides founders with mentorship, market access and networking opportunities through its residency programme and founder community initiatives. The firm's portfolio includes startups such as MeMeraki, E-Bik, SGB Agro and Atypical Advantage. With the new fund, NBV plans to increase investments in startups building solutions for rural and informal economies across India. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
