Suzuki-Backed Next Bharat Ventures Launches Rs 2,000 Crore Impact Fund for Social Startups
NEW DELHI: Japan’s Suzuki Motor Corporation-backed Next Bharat Ventures IFSC Pvt Ltd on Monday announced the launch of its second impact fund with a corpus of Rs 2,000 crore, aimed at supporting Indian startups driving social and economic transformation across key sectors such as agriculture, financial inclusion, healthcare, and artificial intelligence for social good.
The new fund marks a significant scale-up from the company’s inaugural Rs 340 crore impact fund, through which Next Bharat Ventures (NBV) invested in more than 20 impact-focused organisations across India.
Next, Bharat Ventures Founder and CEO Vipul Jindal Nath said Suzuki Motor Corporation will serve as the anchor limited partner (LP) for the second fund. He added that NBV also plans to raise additional capital from other Japanese corporations, broadening the fund’s investor base. The latest fund reflects growing Japanese interest in India’s startup ecosystem, particularly ventures focused on creating measurable social impact alongside financial returns.
