Team StartupCity

• BYT Capital launches Rs 180 crore early-stage fund for deep-tech and frontier engineering
• Fund to back 18-20 startups with initial investments of Rs 3-6 crore
• Focus on IP-led products in space, robotics, life sciences, and clean energy

BYT Capital has introduced Rs 180 crore early-stage fund aimed at supporting deep-tech startups building IP-led, research-driven products. The Category II AIF will focus on companies emerging from India’s engineering and lab ecosystems. The firm said more than half of the fund is already subscribed, with a final close expected by the third quarter of 2026.

Founded by Amit Chand and Dinesh Kumar, BYT Capital plans to invest in 18-20 startups, writing initial cheques of Rs 3-6 crore. Around 55% of the fund is reserved for follow-on rounds to continue backing founders as they scale. The firm has already made early commitments in sectors such as space technology, life sciences, robotics, and clean energy.

The goal is to support companies that can turn scientific research and lab-stage innovation into globally competitive products. Founder Amit Chand said India is entering a period where scientific entrepreneurship can produce internationally relevant companies. He believes deep-tech will play a key role in shaping industrial capacity and strengthening strategic capabilities across quantum technology, materials, defense, and energy.

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BYT Capital aims to work with startups from early experimentation to commercial adoption, helping them build market-ready solutions with global demand. The firm plans to create a long-term platform dedicated to frontier technologies originating in India.

With rising investor interest in advanced engineering and research-led innovation, BYT Capital’s new fund plans to position itself as a key supporter of India’s growing deep-tech ecosystem.