Pune: BYT Capital, a deep-tech venture capital firm focused on scientific and engineering-led innovation, has announced the launch of its maiden ₹180 crore Category II AIF.
The fund is designed to support early-stage founders working on globally relevant, IP-driven technologies. With over 50% of the fund already subscribed, BYT Capital is targeting its final close by Q3 2026.
BYT Capital Targets 18–20 Deep-Tech Startups in Frontier Sectors
The new fund from BYT Capital aims to deploy capital across 18–20 early-stage deep-tech startups, with initial cheque sizes ranging from ₹3–6 crore. Approximately 55% of the corpus is reserved for follow-on investments.
The fund is backed by India-focused HNIs and family offices who view deep-tech as a long-horizon, high-impact investment category.
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Founded by Amit Chand and Dinesh Kumar, BYT Capital brings expertise in research-led innovation, corporate strategy, entrepreneurship, and early-stage investing.
Amit has over two decades of leadership experience, while Dinesh adds a decade of venture knowledge from his role as co-founder of FAAD Capital.
BYT Capital Strengthens India’s Growing Deep-Tech Momentum
India’s deep-tech sector raised more than $600 million in 2025, driven by progress in artificial intelligence, clean energy, space technology, and advanced engineering.
BYT Capital adds to this growing pool of patient capital aimed at supporting frontier R&D ventures. The firm has already committed investments during its first year in sectors such as space technology, robotics, life sciences, and clean energy.
These investments represent IP-rich innovations emerging from India’s research and engineering ecosystems. BYT Capital follows the thesis that enduring global companies will emerge at the intersection of science, purpose-built engineering, and industrial demand.
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BYT Capital to Focus on Lab-to-Market Commercialization
The fund will partner early with scientific founders translating lab-stage discoveries into scalable, globally relevant products.
Target areas include space, life sciences, energy, frontier AI, advanced materials, and next-generation engineering systems – domains requiring technical diligence, patient capital, and hands-on incubation.
“India is entering a phase where scientific entrepreneurship can deliver venture-scale outcomes,” said Amit Chand, Founder of BYT Capital.
“DeepTech is becoming the essential infrastructure layer shaping strategic independence, enabling high-value manufacturing, and strengthening India’s position in global frontier innovation.”
Long-Term Vision for Deep-Tech Commercialization
Headquartered in Bangalore, BYT Capital invests from pre-seed to Series A across sectors including space technology, synthetic biology, climate tech, robotics, advanced materials, quantum technology, defense tech, and other frontier engineering domains.
The firm’s ₹180 crore AIF is dedicated to supporting deep-tech founders solving complex, high-impact challenges and scaling innovations from India to global markets.
