Rs 340 Crore Is The Amount Suzuki Launches For Next Bharat Ventures Fund for Indian Startups

Japanese multinational automotive and motorcycle company Suzuki announced an elaborate long-term initiative to support the burgeoning Indian startup ecosystem by forming Next Bharat Ventures

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The investment is part of Suzuki’s strategy for building innovation capabilities and social impacts in constantly growing Indian markets.

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Next Bharat Ventures will be a sub-entity of Suzuki, wherein the auto conglomerate will be its sole limited partner for the first fund.

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This new vehicle underscores Suzuki’s commitment to nurturing startups that can drive significant social impact.

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This fund has been envisioned to make as many as 20 investments annually over the next three to four years, that, at a discrete level, can stand at anywhere between Rs 1 crore and Rs 8 crore.

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Next Bharat Ventures is launching operations with a residency program that works much like known accelerators Antler and Y Combinator.

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