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Bharat Fund

Venture capital

Ahmedabad · Seed–Series A · 11 people tracked

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Investment thesis

Bharat Fund invests in what it describes as 'companies of consequence' through two distinct strategies. The Bharat Innovation Fund targets IP-driven deep-tech ventures, backing companies built on defensible intellectual property. The Bharat Inclusion Seed Fund focuses on digitization-led inclusive solutions aimed at broadening access and serving underserved populations. Together the funds emphasize both technological depth and social impact.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Ahmedabad, IN
Instruments
Equity
Founded
2017
Tracked investments
16

Team · 11 people

from curated & public directories

What they invest in

from 7 of 16 portfolio companies

AI & Machine Learning ×3Healthtech ×3Deep Tech ×2Enterprise Software ×2Medical Devices ×2Advanced Manufacturing ×1Biotech ×1Consumer ×1

HQs:India×3United States×1

Investments · 16 tracked

founders shown can be your intro path

By year:2025 · 12024 · 22022 · 42021 · 12020 · 12019 · 12017 · 111 dated

Algorithmic Biologicsalgorithmicbiologics.comSeed · Feb 2024 · $2M

Algorithmic Biologics builds computational methods for multiplexed molecular assay development, using sample pooling and computational decoding to speed up and reduce the cost of diagnostic and transcriptomics workflows.

AI & Machine LearningBiotechDeep Tech

Co-investorsAxilor Ventures

Claimbuddyclaimbuddy.inin𝕏Series A · Apr 2024 · $5M

ClaimBuddy provides health insurance claim assistance for patients and hospitals, using technology and operational processes to handle claims.

Digital HealthHealthtechInsurTech

Ajit Patel(Founder)inKhet Singh Rajpurohit(Founder)in

Co-investorsChiratae VenturesFirst ChequeLVX VenturesRebright PartnersTitan Capital

Consure Medicalconsuremedical.comin𝕏

Consure Medical develops a portfolio of incontinence management products designed with nurse input to reduce infections, pressure injuries, and complications in care facilities.

HealthtechMedical Devices

Nish Chasmawala(Founder)in

Co-investorsAccelIAN FundJungle Ventures

Data Sutramdatasutram.comin𝕏May 2025 · $9M

Data Sutram offers an enterprise AI platform that uses external intelligence and agentic workflows to address fraud, credit assessment, and recovery.

AI & Machine LearningEnterprise SoftwareFintech

Rajit Bhattacharya(Founder)inAisik Paul(Founder)inAnkit Das(Founder)in

Co-investors100XB Capital GroupB4 CapitalDMI AIF Sparkle FundLightspeed Venture PartnersVaranium Capital Advisors+4 more

Detectdetecttechnologies.com

Detect Technologies builds T-Pulse, an AI-based analytics product that continuously monitors industrial workplaces to detect safety compliance issues and productivity improvement opportunities.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Co-investorsAccelAxilor VenturesElevation CapitalStride Ventures

Nayam Innovationsnayaminnovations.comJul 2022

Nayam Innovations is an IP-driven medical device startup developing a customization technology platform for intraocular lenses (IOLs) that lets surgeons and patients personalize lenses for spectacle-free vision after cataract surgery.

Deep TechHealthtechMedical DevicesPune, IN

Tanuj Gigras(Founder)in

Co-investorsIAN GroupIAN Fund

playshifuplayshifu.comin

PlayShifu makes technology-powered educational toys that combine augmented reality with physical play ("phygital" smart toys) to make screen time and learning more engaging for young children in the Gen Alpha age group.

ConsumerDirect to ConsumerEdTechHardwareSheridan, US

Vivek Goyal(Founder)in

Co-investorsChiratae VenturesInflexor VenturesInventus Capital PartnersAlexander Geza Marcus PejacsevichAthera Venture PartnersLiquidity Capital+3 more

Virohanvirohan.comSeries B · Dec 2022 · $7M

Kunaal Dudeja(Founder)inArchit Jayaswal(Founder)inNalin Saluja(Founder)in

Co-investorsBetter CapitalElea Foundation for Ethics in GlobalizationLVX VenturesRebright PartnersSuneight Investment

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

A5G Networks, Inc.CreditVidyaDetect TechnologiesHuman EdgeManchPortlRiskcovryZumutor Biologics

Frequently asked questions

How many investments has Bharat Fund made?
Bharat Fund has 16 tracked investments, including 1 dated in the last 24 months.
What stage does Bharat Fund invest at?
Bharat Fund invests at the Seed, Series A stages.
What sectors does Bharat Fund focus on?
Bharat Fund focuses on Biotech, Consumer, Deep Tech, Enterprise Software, Fintech, Impact & Social Good, Media & Entertainment, SaaS.
Where is Bharat Fund located?
Bharat Fund is headquartered in Ahmedabad, IN.

Media · Podcasts & interviews

featuring the team

Ashwin Raguraman from Bharat Fund on investing in IP driven Indian startups

Life Self Mastery · Ashwin Raguraman

15. Fireside Chat: Pratul Shroff, e-infochips & Som Pal Choudhury, Bharat Fund

iesaonline · Som Pal Choudhury

Images

Bharat Fund photo

Co-investors · 5

Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$500K – $100M
Axilor Ventures

Axilor Ventures is an early-stage seed fund that backs and supports founders building companies across sectors including commerce, fintech, enterprise SaaS, deep-tech, clean mobility, healthcare, climate-tech and agritech.

Both backed · 2
DetectAlgorithmic Biologics
Pentathlon Ventures

Pentathlon Ventures is a VC firm built by founders for founders, backing early-stage AI-enabled B2B technology companies and helping them scale globally.

Both backed · 2
ManchRiskcovry
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm that backs founders from Seed through Series F and beyond, emphasizing deep, immersive partnerships with the companies it invests in.

Both backed · 1
$1M – $5M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$50K – $100M

Firms observed investing alongside Bharat Fund, from public investor directories. Shared companies are the overlap with Bharat Fund's recorded portfolio.

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