Deeptech-focused venture capital agency BYT Capital has launched its maiden Rs 180 crore early-stage fund. Greater than half the corpus has already been subscribed, and the agency expects to succeed in its ultimate shut by the third quarter of 2026.

The Bengaluru-based Class II AIF, based by angel investor Amit Chand and Faad Capital co-founder Dinesh Kumar, will put money into 18-20 deeptech and frontier engineering startups. Preliminary cheques will vary from Rs 3 crore to Rs 6 crore, with 55% of the fund reserved for follow-on rounds. BYT has begun evaluating corporations and expects to deploy its first investments by the tip of December.

The fund will again IP-led innovation rising from analysis labs and engineering ecosystems, with sectoral focus areas together with house expertise, life sciences, robotics, clear power, supplies, quantum, defence, and superior engineering. The agency mentioned it’s notably occupied with ventures that may convert lab-stage analysis into market-ready merchandise with international demand.

“India is sitting at a deep-tech inflection level. The standard of expertise coming back from international deep-tech hubs may be very excessive, and institutes are much more open to licensing and spinouts,” Chand instructed ET.

He mentioned restricted companions worldwide are exhibiting rising desire for sector-thesis funds over sector-agnostic automobiles, as deeper experience is required to generate outperformance.

He added that scientific entrepreneurship in India is coming into a part the place it will possibly create corporations with international relevance, strengthening industrial and strategic capabilities throughout essential sectors

 BYT famous that deeptech exercise in Tier-2 and Tier-3 areas can be rising. “A number of incubation centres throughout IITs and IISc now have startups coming from Tier-2 and Tier-3 cities. We’re seeing sturdy deal movement from these pockets,” Chand mentioned.

BYT Capital plans to assist founders from early experimentation via to international commercialisation, constructing a long-term platform for frontier expertise originating in India.