Since March 2022, the Bharat Founders Fund (BFF), an early-stage venture fund comprised of more than 70 Indian entrepreneurs, has invested an average of close to $100,000 in over 45 firms at various stages of development.
The company, which was established earlier this year, reported that it had so far this year invested $4.5 million (about Rs 37 crore) in over 45 early-stage companies, primarily in the SaaS, edtech, fintech, health tech, e-commerce, and Web3 industries.
Famous Indian businesspeople including Vidit Aatrey and Sanjeev Barnwal of Meesho, Gazal Kalra of Rivigo, Vikram Chopra of Cars24, Smita Deorah and Sumeet Mehta of Lead School, Vamsi Krishna of Vedantu, and Saurabh Garg of NoBroker are among the fund’s investors.
One of its most recent initiatives is an AI platform for managing infrastructure
In addition, over the next few years, Bharat Founders Fund wants to invest in 50 to 80 startups and offer these companies tools, mentoring, coaching, and a networking platform to help the founders during the first 12 to 24 months of operation.
BFF has lowered barriers for creators to connect with successful founders, according to Maanav Sagar, co-manager of Bharat Founders Fund. The slope of a startup’s trajectory can be determined in its early stages by receiving task-relevant and timely guidance from experienced founders.
.
